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September 2008, Vol. 131, No. 9
The effect of business ownership change on occupational employment and wages
Economist, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics.
An analysis of business establishment microdata reveals that, after a business changes ownership, employment falls, but wages rise, in occupations that performed analytical, clerical, and production work; by contrast, employment levels are maintained, but wages fall, in service occupations.
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Occupational Employment Statistics
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