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Federal Reserve Bank of Cleveland
Economic Commentary
Employment surveys are telling the same (sad) story
Mark E. Schweitzer
Guhan Venkatu
Abstract

Two government surveys are used to gather information about employment in the U.S. economy, but the employment levels calculated from each seem to provide conflicting pictures of the labor market. The surveys are very different, but when the differences are taken into account and the survey results are compared with their respective business-cycle patterns, the conflict disappears.


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Mark E. Schweitzer & Guhan Venkatu, "Employment surveys are telling the same (sad) story" , Federal Reserve Bank of Cleveland, Economic Commentary, issue May, 2004.
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Keywords: Labor market ; Employment (Economic theory)
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