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Measuring total employment: are a few million workers important?

Author

Listed:
  • Jennifer K. Ransom
  • Mark E. Schweitzer

Abstract

How can we measure total employment in the economy? The Bureau of Labor Statistics provides two different-and sometimes contradictory-measures of this key indicator. During the 1990s, the gap between the two measures has widened to more than five million workers. This Economic Commentary examines the current discrepancy between the two measures of employment and explores its significance in interpreting our economy's health.

Suggested Citation

  • Jennifer K. Ransom & Mark E. Schweitzer, 1999. "Measuring total employment: are a few million workers important?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
    • Handle: RePEc:fip:fedcec:y:1999:i:jun
    DOI: 10.26509/frbc-ec-19990601
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    Citations

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    Cited by:

    1. Chinhui Juhn & Simon M. Potter, 1999. "Explaining the recent divergence in payroll and household employment growth," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 5(Dec).
    2. Mark E. Schweitzer & Murat Tasci, 2013. "What constitutes substantial employment gains in today’s labor market?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
    3. Nicholas Haltom & Vanessa D. Mitchell & Ellis W. Tallman, 2005. "Payroll employment data: measuring the effects of annual benchmark revisions," Economic Review, Federal Reserve Bank of Atlanta, vol. 90(Q 2), pages 1-23.

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