Overview of the CES Redesign

George S. Werking, Jr.


On the first Friday of each month, the U.S. Bureau of Labor Statistics releases data on the United States' employment situation for the previous month. On release day, the Commissioner of Labor Statistics appears before the Joint Economic Committee of Congress and provides a detailed analysis of the current month's data and trends; at the same time, the data are made available to the news media and the financial and business communities. This closely watched set of statistics is the earliest indicator available on the previous month's economic activity and is used as a major gauge of the health of the U.S. economy. The data in the release cover employment, hours, and earnings by detailed industry which are derived from the Bureau's 400,000 unit monthly establishment survey - the Current Employment Statistics (CES) survey - along with labor force and unemployment data which are derived from the Bureau's 60,000 unit household survey-the Current Population Survey (CPS).