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September 2008, Vol. 131, No. 9
The effect of business ownership change on occupational employment and wages
Dina Itkin
Economist, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics.
E-mail: itkin.dina@bls.gov
An analysis of business establishment microdata reveals that, after a business changes ownership, employment falls, but wages rise, in occupations that performed analytical, clerical, and production work; by contrast, employment levels are maintained, but wages fall, in service occupations.
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