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| Current Issues in Economics and
Finance |
| Explaining the Recent Divergence
in Payroll and Household Employment Growth |
| December 1999 Volume 5, Number 16 |
| JEL classification: J21, E22 |
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Authors: Chinhui Juhn and Simon Potter 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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