cover image: What Explains the Unprecedented Gap Between Reported Job Gains and New Workers?

What Explains the Unprecedented Gap Between Reported Job Gains and New Workers?

5 Sep 2024

This raises the question of which data It is too soon to determine the precise report—the survey of employers’ payrolls or the survey cause of the plunge, but changes in the of household employment that estimates the number types and number of jobs and erroneous of workers—best reflects the U. [...] Historically, the gap between the numbers of reported workers and payroll jobs tends to decrease during economic expansions as payroll jobs rise faster than the number of workers, and in turn, rises during recessions and early recoveries as payroll jobs decline by more than the number of workers. [...] For example, an undercounting of the working-age population in the mid- to late 1990s caused low employment estimates.8 What Is Happening Today? Workers and Payroll Jobs The recent plunge in the gap between jobs and workers likely stems from more than one factor, and it is too soon to determine the precise cause. [...] BG3849 A heritage.org undercount of the Hispanic population.11 A Pew Research Center report about the quality of the 2020 census posited that Hispanics and other racial groups that were undercounted “are less likely to fill out census forms and respond to census workers who come to the door for reasons that could include lack of trust and feelings of disconnect when it comes to the government.”12. [...] The declining gap in the late 1990s was potentially caused by errors in population estimates that led to the household survey underestimating the true number of workers and thus reducing the gap between jobs and workers.

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Pages
14
Published in
United States of America

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