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Explaining the recent divergence in payroll and household employment growth

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Author Info
Chinhui Juhn
Simon Potter

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

Volume (Year): (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)

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References listed on IDEAS
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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. [Downloadable!]
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Cited by:
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  1. Kevin L. Kliesen, 2007. "How well does employment predict output?," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 433-446. [Downloadable!]
  2. Marcelle Chauvet & James D. Hamilton, 2005. "Dating Business Cycle Turning Points," NBER Working Papers 11422, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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This page was last updated on 2008-10-9.

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