Measuring labor dynamics: the next generation in labor market information.

The Quarterly Census of Employment and Wages (QCEW) provides the core of BLS business statistics; now, new data linkages between the QCEW and unemployment insurance wage records enable economists to better understand the complex job dynamics taking place in the national and local economy. In recent...

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Bibliographic Details
Published in:Monthly Labor Review Vol. 127; no. 5; pp. 3 - 9
Main Authors: Clayton, Richard L., Mousa, Jay A.
Format: Article
Published: US Department of Labor May2004
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Online Access:View this record in EBSCOhost
Description
Summary:The Quarterly Census of Employment and Wages (QCEW) provides the core of BLS business statistics; now, new data linkages between the QCEW and unemployment insurance wage records enable economists to better understand the complex job dynamics taking place in the national and local economy. In recent years, a growing number of researchers have begun to explore the potential for using existing sources of information to address both longstanding and emerging issues in national and local labor markets. One of the main sources of information for these analysts is the Unemployment Insurance program's administrative records, which provide information about employers and employees. The forces of globalization, technological change, and changes in the labor force are more important than ever. Relevant, timely, detailed information is needed to capture the impact of these forces and to understand the inherent dynamic qualities of the current labor market. The existing array of Federal and State survey-based data series provides key economic information on a timely basis, but does not fully portray the dynamic nature of today's job market.