Jobs
US Government Pauses Plan to Cut Sample of Critical Jobs Survey
- Bureau of Labor Statistics had planned cut for early 2025
- Stopgap spending bill staves off reduction in the near term
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The Bureau of Labor Statistics is no longer planning to cut the sample size of a critical labor market survey — at least for now — thanks to a recent stopgap spending bill.
The BLS flagged the decision in Friday’s jobs report, which depends on the Current Population Survey — also known as the household survey — to inform the unemployment rate and labor-force participation, among other figures. The recently passed continuing resolution “allows BLS to spend CPS funds at a faster rate,” according to a notice on its website Tuesday.