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Article: Business employment dynamics: tabulations by employer size: to measure quarterly employment growth by firm size, using Business Employment Dynamics data, BLS chooses dynamic-sizing as the official methodology.(Employer Size Class)(Bureau of Labor Statistics )(Statistical data)
- Article from:
- Monthly Labor Review
- Article date:
- February 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Employment Dynamics (BED) data are becoming a major contributor to our 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. These statistics show, for example, that the net growth of 869,000 jobs in the fourth quarter of 2004 is from the sum of 8.1 million gross job gains from opening and expanding establishments, and 7.2 million gross job losses from contracting and closing establishments.
The new BED data have captured the attention of economists and policymakers across the ...
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