explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …

In this paper, we discuss the time series properties of a novel daily series of aggregate employment creation and … duration, which seems to have exacerbated the spikes in employment flows over the calendar year. First, we identify calendar …, we investigate the importance of calendar effects for aggregate employment dynamics. We find that the employment growth …