" Figure 8a " Worker and Job Flows in Manufacturing " " Worker Flows out of Employment versus Job Destruction " " Percent of Employment " " Note: Worker flows are quarterly averages of monhtly data; job flows " are quarterly and are scaled for comparison. All data are seasonally " adjusted; worker flows are Abowd-Zellner mean adjusted and Polivka-Miller " adjusted. " Source: Worker flows: U.S. Bureau of Labor Statistics, Current Population " Survey micro data, and authors' calculations; job flows: Davis, " Haltiwanger, and Schuh (1996). " " Worker Flows Job Destruction 1976:2 2.09721 1.67354 1976:3 2.44787 1.74807 1976:4 2.35675 2.11253 1977:1 2.28781 1.48325 1977:2 2.17115 1.58500 1977:3 2.26886 1.68926 1977:4 2.00219 1.78170 1978:1 2.16742 1.39797 1978:2 1.92696 1.41966 1978:3 2.05888 1.50535 1978:4 1.93061 1.43658 1979:1 2.00508 1.29336 1979:2 2.16048 1.21045 1979:3 2.50247 1.88187 1979:4 2.19700 1.73235 1980:1 2.40771 1.63011 1980:2 3.28844 2.71162 1980:3 2.84010 2.31185 1980:4 2.34460 1.59961 1981:1 2.35065 1.82112 1981:2 2.35772 1.75609 1981:3 2.50747 1.88992 1981:4 3.14641 2.32160 1982:1 3.10853 2.67448 1982:2 3.10024 2.90480 1982:3 3.40913 2.66518 1982:4 3.35621 2.87467 1983:1 2.62217 1.80370 1983:2 2.40780 1.56622 1983:3 2.26990 1.40960 1983:4 2.24191 1.48835 1984:1 2.18530 1.15883 1984:2 2.05517 1.58367 1984:3 2.13719 1.67202 1984:4 2.25307 1.76940 1985:1 2.43420 2.25402 1985:2 2.40841 2.38048 1985:3 2.23070 1.97555 1985:4 2.17730 1.74993 1986:1 2.29455 2.10521 1986:2 2.11769 2.29385 1986:3 2.12497 1.84199 1986:4 2.21809 1.45920 1987:1 2.09721 1.54495 1987:2 1.98365 2.00303 1987:3 1.86821 1.70852 1987:4 1.92833 1.35791 1988:1 1.95635 1.38841 1988:2 1.87599 1.77787 1988:3 1.92155 1.62295 1988:4 1.92614 1.27959 1989:1 1.87184 1.62941 1989:2 1.90569 1.53571 1989:3 1.87970 1.89875 1989:4 2.11535 1.60572 1990:1 2.34092 2.16035 1990:2 2.06896 1.66288 1990:3 1.96991 1.94340 1990:4 2.16540 2.05829 1991:1 2.62341 2.32552 1991:2 2.19571 1.87061 1991:3 1.96549 1.93122 1991:4 2.23479 1.83088 1992:1 2.00593 1.80573 1992:2 2.03815 1.70673 1992:3 2.03262 1.93344 1992:4 2.02129 2.07219 1993:1 2.01655 1.85846 1993:2 2.07521 1.41605 1993:3 1.99725 1.70304 1993:4 1.87346 1.49373 1994:1 1.91784 NaN 1994:2 1.86984 NaN 1994:3 1.71211 NaN 1994:4 1.87951 NaN 1995:1 1.85488 NaN 1995:2 1.96129 NaN 1995:3 1.99580 NaN 1995:4 1.82319 NaN 1996:1 1.93782 NaN 1996:2 1.75109 NaN 1996:3 1.75805 NaN 1996:4 1.71267 NaN 1997:1 1.70570 NaN 1997:2 1.98574 NaN 1997:3 1.70282 NaN 1997:4 1.71875 NaN 1998:1 1.66539 NaN 1998:2 1.75639 NaN 1998:3 1.95890 NaN 1998:4 1.94199 NaN 1999:1 1.78346 NaN " Figure 8b " Worker and Job Flows in Manufacturing " " Worker Flows into Employment versus Job Creation " " Percent of Employment " " Worker Flows Job Creation 1976:2 2.63564 2.21297 1976:3 2.76878 1.87661 1976:4 2.31406 1.92351 1977:1 2.73824 1.86485 1977:2 2.57231 1.95073 1977:3 2.48078 1.76179 1977:4 2.20335 1.97605 1978:1 2.29358 1.81241 1978:2 2.51722 1.91350 1978:3 2.30696 1.62090 1978:4 2.03672 1.98069 1979:1 2.10733 1.51548 1979:2 2.29989 1.25337 1979:3 2.28122 1.26809 1979:4 2.23850 1.62860 1980:1 2.28470 1.60525 1980:2 2.31611 1.22393 1980:3 3.21695 1.35054 1980:4 2.70607 2.11936 1981:1 2.38239 1.58076 1981:2 2.45758 1.59304 1981:3 2.35989 1.35916 1981:4 2.36601 1.49216 1982:1 2.74518 1.44172 1982:2 2.73809 1.45068 1982:3 2.80478 1.48636 1982:4 2.71569 1.60169 1983:1 2.78581 2.11366 1983:2 2.79457 1.92293 1983:3 2.59472 1.81404 1983:4 2.54225 2.00521 1984:1 2.51961 1.98850 1984:2 2.14073 1.88227 1984:3 2.24284 1.72095 1984:4 2.22705 1.40177 1985:1 2.27904 1.38181 1985:2 2.20769 1.77868 1985:3 2.14971 1.66318 1985:4 2.10116 1.57437 1986:1 2.19727 1.32344 1986:2 1.99990 1.70375 1986:3 2.05479 1.51386 1986:4 2.16244 1.42720 1987:1 1.99023 1.66860 1987:2 2.10801 1.85177 1987:3 1.81987 1.74062 1987:4 1.84383 1.59115 1988:1 1.96088 1.66066 1988:2 2.11183 1.81827 1988:3 1.79144 1.66048 1988:4 1.90292 1.56645 1989:1 1.87719 1.66902 1989:2 1.71709 1.49906 1989:3 1.69308 1.62622 1989:4 2.08610 1.35678 1990:1 2.22926 1.72573 1990:2 2.03735 1.60250 1990:3 1.89517 1.78535 1990:4 2.13315 1.37817 1991:1 2.03231 1.41623 1991:2 2.21546 1.65172 1991:3 2.00026 1.78130 1991:4 1.99883 1.45262 1992:1 2.03210 1.64834 1992:2 1.93928 1.55581 1992:3 1.97048 1.66587 1992:4 2.08955 1.29614 1993:1 1.89465 2.41576 1993:2 1.82639 1.55423 1993:3 1.83253 1.74024 1993:4 1.84152 1.57620 1994:1 1.96563 NaN 1994:2 1.95673 NaN 1994:3 1.86753 NaN 1994:4 2.13032 NaN 1995:1 1.86461 NaN 1995:2 1.77420 NaN 1995:3 1.95612 NaN 1995:4 2.03197 NaN 1996:1 1.94183 NaN 1996:2 1.71483 NaN 1996:3 1.76383 NaN 1996:4 1.69187 NaN 1997:1 1.74343 NaN 1997:2 1.66550 NaN 1997:3 1.52394 NaN 1997:4 1.90482 NaN 1998:1 1.59650 NaN 1998:2 1.40107 NaN 1998:3 1.68618 NaN 1998:4 1.71288 NaN 1999:1 1.55248 NaN