Question

Which federal agency calculates and reports the official unemployment rate? federal reserve bank department of health and human services bureau of labor statistics treasury department?

Answer 1

The Bureau of Labor Statistics is the federal agency that calculates and reports the official unemployment rate.

The Bureau of Labor Statistics calculates and puts out the unemployment rate. When you calculate the unemployment rate, you ignore those who aren't looking for a job or those currently working. The only people you calculate are those actively searching for a job but are not employed.