Hi there, first-time poster. I am having issues recreating the FRED all employees, total nonfarm graph (variable name PAYEMS) for years 2005-2019 using the ACS 1-year estimates. I am getting an overinflated employment number for the year 2008 as shown by the graph below:
I read that the employment questions on the ACS changed in 2008, and that comparing 2008 ACS estimates for employment is not advised.
census.gov/programs-surveys/acs/guidance/comparing-acs-data/2008
census.gov/library/working-papers/2007/acs/2007_Holder_01
How would I recover the correct employment number for 2008? If this is not possible, how should I treat 2008 going forward?