If you plot labor force participation in the monthly files and the ASEC, using each samples respective weights (WTFINL and ASECWT), they produce inconsistent estimates before 1989. After 1989 they line up. Why are they inconsistent before? And which one is more correct? [lfp_march_v_monthly]

Inconsistencies between monthly basic files and ASEC

JeffBloem Split this topic July 10, 2019, 7:20pm 3

2 posts were split to a new topic: ASEC vs. Basic Monthly samples

Topic		Replies	Views
ASEC vs. Basic Monthly samples CPS	2	555	July 10, 2019
Are the CPS ASEC samples provided here the same samples used by the BLS to calculate labor force participation?	0	381	September 3, 2017
details about errors with CPS union data from 1983-1989? CPS	5	606	April 21, 2021
Issues with inconsistent WKSWORK2 and WKSUNEM2 universes CPS	3	364	April 3, 2020
Labor Force Participation by Age for the year 2014 looks very different CPS	1	386	July 26, 2017