" Figure 9a " Comparison of "Permanent" Worker Flows and Job Flows in Manufacturing " " E-->UT Flows versus Permanent Job Destruction Measure " " 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 0.34726 0.61989 1976:3 0.42180 0.65043 1976:4 0.42096 0.80306 1977:1 0.33889 0.51348 1977:2 0.39432 0.55299 1977:3 0.41483 0.53745 1977:4 0.36372 0.65016 1978:1 0.36100 0.47545 1978:2 0.34059 0.49485 1978:3 0.26962 0.47748 1978:4 0.30250 0.55676 1979:1 0.29312 0.55419 1979:2 0.30791 0.47625 1979:3 0.32724 0.80369 1979:4 0.28461 0.77687 1980:1 0.36539 0.75339 1980:2 0.48050 1.07396 1980:3 0.38315 0.93011 1980:4 0.39972 0.69272 1981:1 0.41630 0.89724 1981:2 0.39173 0.91294 1981:3 0.46956 0.97343 1981:4 0.53033 1.20001 1982:1 0.48848 1.27630 1982:2 0.47646 1.38725 1982:3 0.64702 1.21826 1982:4 0.66466 1.05096 1983:1 0.47162 0.66758 1983:2 0.47075 0.60553 1983:3 0.43126 0.53646 1983:4 0.40351 0.59430 1984:1 0.39635 0.50902 1984:2 0.25843 0.75592 1984:3 0.39657 0.81645 1984:4 0.42034 0.85074 1985:1 0.43599 1.25921 1985:2 0.43184 1.38729 1985:3 0.41770 0.97085 1985:4 0.42796 0.82289 1986:1 0.41951 1.16569 1986:2 0.41564 1.28152 1986:3 0.35707 0.78755 1986:4 0.42227 0.59098 1987:1 0.46752 0.46087 1987:2 0.34498 0.61230 1987:3 0.26213 0.52454 1987:4 0.33610 0.39576 1988:1 0.28627 0.42801 1988:2 0.32787 0.60445 1988:3 0.36499 0.56160 1988:4 0.29656 0.47668 1989:1 0.37353 0.62158 1989:2 0.38816 0.46927 1989:3 0.38606 0.74695 1989:4 0.38951 0.54571 1990:1 0.37869 0.69662 1990:2 0.41131 0.52903 1990:3 0.38824 0.72907 1990:4 0.36847 0.72461 1991:1 0.51553 0.63143 1991:2 0.41661 0.45923 1991:3 0.35489 0.58859 1991:4 0.49916 0.49851 1992:1 0.43960 NaN 1992:2 0.47538 NaN 1992:3 0.55931 NaN 1992:4 0.43104 NaN 1993:1 0.45982 NaN 1993:2 0.41324 NaN 1993:3 0.51396 NaN 1993:4 0.39842 NaN 1994:1 0.51281 NaN 1994:2 0.50790 NaN 1994:3 0.42602 NaN 1994:4 0.43154 NaN 1995:1 0.42026 NaN 1995:2 0.48974 NaN 1995:3 0.48304 NaN 1995:4 0.41850 NaN 1996:1 0.42266 NaN 1996:2 0.39343 NaN 1996:3 0.40445 NaN 1996:4 0.34563 NaN 1997:1 0.39018 NaN 1997:2 0.46840 NaN 1997:3 0.35059 NaN 1997:4 0.24105 NaN 1998:1 0.38233 NaN 1998:2 0.39487 NaN 1998:3 0.36975 NaN 1998:4 0.48802 NaN 1999:1 0.34195 NaN " " Figure 9b " Comparison of 'Permanent' Worker Flows and Job Flows in Manufacturing " " UT-->E Flows versus Permanent Job Creation Measure " " Percent of Employment " " Worker Flows Job Creation 1976:2 0.58648 0.79746 1976:3 0.47347 0.61117 1976:4 0.40235 0.72323 1977:1 0.51558 0.64107 1977:2 0.47740 0.63291 1977:3 0.42727 0.58774 1977:4 0.41229 0.61725 1978:1 0.46377 0.59876 1978:2 0.45778 0.56346 1978:3 0.36553 0.46730 1978:4 0.28886 0.52554 1979:1 0.37230 0.37664 1979:2 0.35095 0.30321 1979:3 0.29358 0.27946 1979:4 0.37851 0.32830 1980:1 0.33253 0.37842 1980:2 0.33702 0.27554 1980:3 0.40469 0.34879 1980:4 0.49541 0.38921 1981:1 0.42620 0.29425 1981:2 0.43517 0.27349 1981:3 0.42801 0.27435 1981:4 0.43961 0.32534 1982:1 0.40047 0.35897 1982:2 0.45572 0.39417 1982:3 0.56142 0.44409 1982:4 0.45222 0.57655 1983:1 0.43257 0.82222 1983:2 0.67877 0.72024 1983:3 0.59793 0.65138 1983:4 0.55539 0.76103 1984:1 0.54364 0.48386 1984:2 0.47454 0.49343 1984:3 0.46494 0.42850 1984:4 0.41184 0.36395 1985:1 0.45027 0.34543 1985:2 0.46497 0.53293 1985:3 0.41049 0.49554 1985:4 0.40450 0.48023 1986:1 0.42644 0.48559 1986:2 0.39966 0.58175 1986:3 0.37370 0.45990 1986:4 0.42076 0.49040 1987:1 0.38157 0.56428 1987:2 0.41289 0.57865 1987:3 0.45367 0.56360 1987:4 0.29523 0.50135 1988:1 0.25533 0.48812 1988:2 0.29427 0.51051 1988:3 0.29901 0.46971 1988:4 0.32763 0.41909 1989:1 0.34241 0.41316 1989:2 0.31912 0.34497 1989:3 0.25126 0.43346 1989:4 0.36968 0.33757 1990:1 0.39746 0.48184 1990:2 0.31563 0.41442 1990:3 0.35335 0.46167 1990:4 0.35763 0.38159 1991:1 0.36687 0.36567 1991:2 0.37950 0.48246 1991:3 0.42166 0.52504 1991:4 0.44023 0.37398 1992:1 0.45203 NaN 1992:2 0.47342 NaN 1992:3 0.46745 NaN 1992:4 0.46271 NaN 1993:1 0.41429 NaN 1993:2 0.35589 NaN 1993:3 0.45899 NaN 1993:4 0.35200 NaN 1994:1 0.43485 NaN 1994:2 0.36474 NaN 1994:3 0.43776 NaN 1994:4 0.45508 NaN 1995:1 0.45845 NaN 1995:2 0.38159 NaN 1995:3 0.42324 NaN 1995:4 0.41609 NaN 1996:1 0.43718 NaN 1996:2 0.32174 NaN 1996:3 0.38583 NaN 1996:4 0.41800 NaN 1997:1 0.37224 NaN 1997:2 0.31622 NaN 1997:3 0.25664 NaN 1997:4 0.34954 NaN 1998:1 0.34505 NaN 1998:2 0.26332 NaN 1998:3 0.34294 NaN 1998:4 0.34188 NaN 1999:1 0.28929 NaN