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Household survey

The monthly survey of about 60,000 households that produces the unemployment rate, participation rate and household employment; noisy month to month but conceptually broad.

The household survey counts people, so someone with two jobs is counted once and the self-employed are included. It is the source of every rate in the employment report: unemployment, labour-force-participation and u6-unemployment.

Its small sample makes it volatile, with a confidence interval on monthly employment change of several hundred thousand. It is also only benchmarked to population estimates once a year, which can produce discontinuities in January that are not real changes.

Example: household employment falls 350,000 in a month while the establishment-survey shows payrolls up 175,000. The divergence is usually sampling noise, and three-month averages reconcile far more often than single months do.

Related: establishment-survey, unemployment-rate, labour-force-participation, nfp, u6-unemployment

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