Friday, July 30, 2004

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[IWS] BLS: ANALYSES of NET & GROSS JOB FLOWS, why size class methodology matters [29 July 2004]

IWS Documented News Service
_______________________________
Institute for Workplace Studies                 Professor Samuel B. Bacharach
School of Industrial & Labor Relations          Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                  Stuart Basefsky
New York, NY 10016                              Director, IWS News Bureau
________________________________________________________________________

From the MONTLY LABOR REVIEW, JULY 2004 [29 July 2004]

Size Class and Job Flows
Why size class methodology matters in analyses of net and gross job flows
Net and gross job flow statistics by size class are produced with data from the Business Employment Dynamics program;
alternative methodologies for defining size classes yield sharply different pictures of employment growth
http://www.bls.gov/opub/mlr/2004/07/art1full.pdf
[full-text, 10 pages]

 [excerpt]
One of the most interesting and often asked questions in empirical economics is whether small businesses create the most jobs. Answering this question requires longitudinal establishment microdata and is an ideal application for the new Business Employment Dynamics data series produced by the Bureau of Labor Statistics. Although it is often argued that small businesses are the fountainhead of job creation and the engine of economic growth, this view is not universally accepted, largely because of differences in the methodology used to construct net and gross job flow statistics. Using different methodologies, this article calculates net and gross job flow statistics by size class, with the aim of showing how alternative methodologies can produce sharply different portraits of
employment growth.

AND MUCH MORE....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                 *
Director, IWS News Bureau               *
Institute for Workplace Studies *
Cornell/ILR School                      *
16 E. 34th Street, 4th Floor            *
New York, NY 10016                      *
                                        *
Telephone: (607) 255-2703               *
Fax: (607) 255-9641                     *
E-mail: smb6@cornell.edu                *
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