Tracking the Labor Market with &Quot;Big Data&Quot;

Posted: 22 Oct 2019 Last revised: 2 Oct 2020

See all articles by Tomaz Cajner

Tomaz Cajner

Board of Governors of the Federal Reserve System

Leland Dod Crane

Board of Governors of the Federal Reserve System

Ryan Decker

Board of Governors of the Federal Reserve System

Adrian Hamins-Puertolas

Board of Governors of the Federal Reserve System

Christopher Johann Kurz

Board of Governors of the Federal Reserve System

Date Written: September, 2019

Abstract

In our research, we explore the information content of the ADP microdata alone by producing an estimate of employment changes independent from the BLS payroll series as well as from other data sources.

Suggested Citation

Cajner, Tomaz and Crane, Leland Dod and Decker, Ryan and Hamins-Puertolas, Adrian and Kurz, Christopher Johann, Tracking the Labor Market with &Quot;Big Data&Quot; (September, 2019). FEDS Notes No. 2019-09-20-1, Available at SSRN: https://ssrn.com/abstract=3473084 or http://dx.doi.org/10.17016/2380-7172.2441

Tomaz Cajner (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Leland Dod Crane

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Ryan Decker

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Adrian Hamins-Puertolas

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Christopher Johann Kurz

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551

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