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"Private sector companies have better and more timely data insights than the public sector data provides" - CEOs will say this, but their own analysts also rely heavily on official data. Business economists know (much) more about BLS data and methods than most economists do.

This paper finds that economists whose job market papers report (marginally) statistically significant results are more likely to secure academic jobs. Hiring committees prefer statistical significance; this creates incentives for researchers to p-hack.