Random Sampling – See "Probability Sampling"

Real Earnings – Earnings adjusted to reflect the effects of changes in consumer prices.  The deflator for this series is derived from the Consumer Price Index for Urban Wage Earners and Clerical Workers. 

Recession – A period of time usually lasting from six months to a year, marked by widespread contractions in many sectors of the economy and a significant decline in total output, income, employment and trade.
          [See also - Business Cycle, Gross Domestic Product (GDP), Per Capita Income, Unemployment Rate]

Reentrants – In the Current Population Survey, people who previously worked at a full–time job at least two weeks but who were out of the labor force for two weeks or more prior to beginning to look for work. 

Reference Week – The week (Sunday through Saturday) for which data are collected. For the Current Population Survey (CPS), Local Area Unemployment Statistics (LAUS), Current Employment Statistics (CES), and Employment Statistics (ES–202) programs, the reference week is the calendar week including the 12th of the month. 

Regression Analysis – Widely used in statistics and econometrics as a method for predicting the value of a dependent variable from known values of independent variables. For example, it might be used to predict the output of certain production workers (dependent variable) based on the results of testing them for mechanical aptitude (independent variable). Simple regression analysis involves just one independent variable; multiple regression analysis involves several independent variables. 

Report of Work Stoppage – This measures the number and duration of major strikes or lockouts (involving 1,000 workers or more) occurring during the month (or year), the number of workers involved, and the amount of time lost because of stoppage. 

Resources – The inputs used in production. Includes natural resources (minerals, timber, rivers), labor (blue collar, white collar), and capital (machinery, buildings). 

Alphabetical Glossary Listing

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

Glossary References

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