This paper documents that rotation group bias - the tendency for labor force statistics to vary systematically by month in sample in labor force surveys - in the Current Population Survey (CPS) has worsened considerably over time. The estimated unemployment rate for earlier rotation groups has...

We explore the savings behavior and saving rates of ordinary Americans through their accounts at the Philadelphia Saving Fund Society. the oldest mutual savings bank in the United States founded in 1816 to encourage thrift among the working poor. Our sample contains the 2.374 accounts opened in...

Single women in the U.S. dominated the female labor force from 1870 to 1920. Data on the home life and working conditions of women in 1888 and 1907 enable the estimation of earnings functions. Work in the manufacturing sector for these women was task oriented and payment was frequently by the...

This paper documents that rotation group bias – the tendency for labor force statistics to vary systematically by month in sample in labor force surveys – in the Current Population Survey (CPS) has worsened considerably over time. The estimated unemployment rate for earlier rotation groups...

This paper documents that rotation group bias -- the tendency for labor force statistics to vary systematically by month in sample in labor force surveys -- in the Current Population Survey (CPS) has worsened considerably over time. The estimated unemployment rate for earlier rotation groups has...