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来源类型Working Paper
规范类型报告
DOI10.3386/w14137
来源IDWorking Paper 14137
Adjusted Estimates of Worker Flows and Job Openings in JOLTS
Steven J. Davis; R. Jason Faberman; John C. Haltiwanger; Ian Rucker
发表日期2008-06-27
出版年2008
语种英语
摘要We develop and implement a method to improve estimates of worker flows and job openings based on the Job Openings and Labor Turnover Survey (JOLTS). Our method involves reweighting the cross-sectional density of employment growth rates in JOLTS to match the corresponding density in the comprehensive Business Employment Dynamics (BED) data. To motivate our work, we compare JOLTS to other data sources and document large discrepancies with respect to aggregate employment growth, the magnitude of worker flows, and the cross-sectional density of establishment growth rates. We also discuss issues related to JOLTS sample design and nonresponse corrections. Our adjusted statistics for hires and separations exceed the published statistics by about one-third. The adjusted layoff rate is more than 60 percent greater than the published layoff rate. Time-series properties are also affected. For example, hires exhibit more volatility than separations in the published statistics, but the reverse holds in the adjusted statistics. The impact of our adjustment methodology on estimated job openings is more modest, raising the vacancy rate by about 8 percent.
主题Econometrics ; Data Collection ; Labor Economics ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w14137
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/571812
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Steven J. Davis,R. Jason Faberman,John C. Haltiwanger,et al. Adjusted Estimates of Worker Flows and Job Openings in JOLTS. 2008.
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