What is the difference between Business Employment Dynamics and the Job Openings and Labor Turnover Survey (JOLTS)?
The JOLTS data measure hires and separations. Although it is an establishment survey, these statistics measure changes that happen to the individual worker. Thus, they are commonly referred to as worker flows. The Business Employment Dynamics data measure job changes at the establishment level. They do not account for employment changes within the establishment that may, for example, keep its employment constant. Thus, job flows measure what is happening to establishments.
