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Explaining the recent divergence in payroll and household employment growth

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  • Chinhui Juhn
  • Simon Potter

Abstract

Each month, the government releases two estimates of U.S. employment growth - one based on a survey of firms, the other on a survey of households. Since 1994, these measures have diverged sharply. Evidence suggests that the household survey's estimate has risen more slowly because it undercounts working-age adults who have found employment during the current economic expansion.

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Bibliographic Info

Article provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.

Volume (Year): 5 (1999)
Issue (Month): Dec ()
Pages:

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Handle: RePEc:fip:fednci:y:1999:i:dec:n:v.5no.16

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Keywords: Employment (Economic theory);

References

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  1. Mark Schweitzer & Jennifer Ransom, 1999. "Measuring total employment: are a few million workers important?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
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Cited by:
  1. Marcelle Chauvet & James D. Hamilton, 2005. "Dating Business Cycle Turning Points," NBER Working Papers 11422, National Bureau of Economic Research, Inc.
  2. Katharine G. Abraham & John C. Haltiwanger & Kristin Sandusky & James Spletzer, 2009. "Exploring Differences in Employment between Household and Establishment Data," NBER Working Papers 14805, National Bureau of Economic Research, Inc.
  3. Kevin L. Kliesen, 2007. "How well does employment predict output?," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 433-446.
  4. Paul Ong & Matthew R. Graham, 2007. "Social, Economic, Spatial, and Commuting Patterns of Dual Jobholders," Longitudinal Employer-Household Dynamics Technical Papers 2007-01, Center for Economic Studies, U.S. Census Bureau.
  5. Kitchen, John, 2003. "A Note on the Observed Downward Bias in Real-Time Estimates of Payroll Jobs Growth in Early Expansions," MPRA Paper 21070, University Library of Munich, Germany.
  6. Marcelle, Chauvet & Jeremy, Piger, 2010. "Employment and the business cycle," MPRA Paper 46642, University Library of Munich, Germany.

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