My coauthor and I seek to aggregate across states using the basic monthly data. So far we have tried calculating the labor force participation rate but we are not able to closely match the monthly unadjusted state-level data published by the BLS.
Because of the ease of using IPUMS published datasets relative to those published by NBER over time, we would like any assistance you may be able to provide.
For example we are collapsing the individual-level data to monthly aggregates and using ‘WTFINL’ to weight the observations. Is this the recommended approach to move form individual-level data to state-level data, or is there another approach or weight that should be used?