Abstract
Gordon Mikkelson, Linda I. Unger, and Doreen LeBel (2006)
"Identifying and Accounting for Mergers and Acquistions in Measuring Employment"
The dynamic U.S. economy causes many challenges to accurately
measuring employment and wages. One of the more difficult areas
is accounting for mergers and acquisitions, also called predecessors
and successors. Inaccurate or incomplete measurement leads to
overestimation. This paper profiles research findings and describes
implementation into the BLS' Quarterly Census of Employment and
Wages (QCEW) program, which is the BLS sampling frame and source
of a number of economic series. QCEW data are used to identify job
growth and decline. The QCEW program is about to implement an
initiative to improve the linkage of transfers of businesses from one
record to another. This will clearly distinguish births and deaths from
expansions and contractions, recognize possible duplicate or missing
reporting, and better target potential linkages using wage records and
scoring techniques.
Last Modified Date: January 10, 2007
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