Business employment dynamics: tabulations by employer size

Business Employment Dynamics (BED) data are becoming a major contributor to the understanding of employment growth and business cycles in the U. S. economy. The Bureau of Labor Statistics BED program generates gross job gains and gross job loss statistics that underlie the quarterly net change in em...

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Bibliographic Details
Published in:Monthly Labor Review 2006-02, Vol.129 (2), p.3-22
Main Authors: Butani, Shail J., Clayton, Richard L., Kapani, Vinod, Spletzer, James R., Talan, David M., Werking, George S.
Format: Article
Language:English
Subjects:
Business expansion
Business structures
Economic conditions
Economic growth
Economic research
Economic statistics
Employees
Employers
Employment
Employment Statistics
Job loss
Labor
Methods
Regression (Statistics)
Salary Wage Differentials
Size of enterprise
Small business
Statistical methods
Statistics
Studies
Unemployment
Wages
Wages & salaries
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Summary:Business Employment Dynamics (BED) data are becoming a major contributor to the understanding of employment growth and business cycles in the U. S. economy. The Bureau of Labor Statistics BED program generates gross job gains and gross job loss statistics that underlie the quarterly net change in employment. This article discusses the alternative statistical methodologies that BLS considered for creating size-class tabulations from the BED data. The primary focus is to compare and contrast four alternative methodologies: quarterly base-sizing, annual base-sizing, mean-sizing, and dynamic-sizing, and to discuss the evaluation criteria that BLS considered for choosing its official size-class methodology. Many BLS employment statistics are for the Nation as a whole, with additional detail provided for industry and geographical breakdowns. BLS considered several evaluation criteria for choosing an official methodology from the four possible size classification methodologies-quarterly base-sizing, annual base-sizing, mean-sizing, and dynamic-sizing.
ISSN:0098-1818
1937-4658