August 2011

Employment dynamics over the last decade

Caryn N. Bruyere, Guy L. Podgornik, James R. Spletzer

Business cycle movements in BED and JOLTS data suggest that the two series complement each other; during the onset of the 2007–2009 recession, BED gross job gains and JOLTS hires fell simultaneously while BED gross job losses and JOLTS separations diverged.

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