Annual Measures of Job Creation and Job Destruction Created from Quarterly Microdata

Joshua C. Pinkston and James R. Spletzer

Abstract

As firms expand and contract, jobs are created and destroyed. We are constructing annual job creation and destruction data using quarterly data on establishments from the Unemployment Insurance (UI) systems of the 50 states. The goals of this project are to complement the quarterly tabulations that the BLS currently publishes, while also producing data that will allow direct comparisons to existing statistics from the academic literature and to job flow statistics from the European countries. The longitudinal database resulting from this work will cover nearly all establishments in all industries and will provide an excellent source of data for research into labor demand topics such as employment adjustment and establishment survival.