Tag: Current Population Survey (CPS)

Older man working

In a Post-COVID world, are older people working? Sometimes, on a lazy summer afternoon, I like to go into the Current Population Survey – the monthly survey that yields the government’s estimate of the unemployment rate – and just tabulate away. What can I say, my social life just isn’t what it used to b…

Piggy bank with measuring tape

Pretty well, actually – with the exception of the Current Population Survey (CPS). A 2017 paper by Adam Bee and Joshua Mitchell re-documented that the Census Bureau’s Current Population Survey (CPS) understates retirement income, renewing concern around the accuracy of income measurements in the CPS.  Some have wondered if this problem applies to retirement incom…