Explaining the Recent Divergence in Payroll and Household Employment Growth
6 Pages Posted: 26 Jun 2007
Date Written: December 1999
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.
Keywords: employment, unemployment
JEL Classification: J21, E22
Suggested Citation: Suggested Citation