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Variable Name | qwi_wrr |
Top Access Level | undefined (no restrictions) |
Label | QWI: worker reallocation rate |
Codebook | National QWI |
Concept | |
Type | numeric |
Files
qwi_national_wia.dta
http://download.vrdc.cornell.edu/qwipu.national/beta/r4580/qwi_national_wia.dta.gz
(
Stata
)
qwi_national_wia.sas7bdat
http://download.vrdc.cornell.edu/qwipu.national/beta/r4580/qwi_national_wia.sas7bdat.gz
(
SAS
)
qwi_national_wia.csv
http://download.vrdc.cornell.edu/qwipu.national/beta/r4580/qwi_national_wia.csv.gz
(
CSV
)
Full Description
Gross worker flows are measured using the Worker Reallocation Rate:
`W\R\R_{agkst} =\ (A_{agkst} + S_{agkst})*(2/(B_{agkst} + E_{agkst}))`
where
- `A_{agkst} \equiv` accessions (new hires plus recalls)
- `S_{agkst} \equiv` separations (quits, layoffs, other)
- `B_{agkst} \equiv` beginning-of-quarter employment
- `E_{agkst} \equiv` end-of-quarter employment
`W\R\R` measures total accession and separation flows as a proportion of average employment over the quarter in the age, gender, industry and state. The `W\R\R` is a symmetric growth rate designed to approximate the logarithmic change over the time period (one quarter). In addition, the `W\R\R`, can be expressed as the sum of its inflow and outflow components, the distinct accession and separation rates are defined, respectively, as:
- `AR_{agkst} =\ A_{agkst}*(2/(B_{agkst} + E_{agkst}))`
- `SR_{agkst} =\ S_{agkst}*(2/(B_{agkst} + E_{agkst}))`
Accessions and separations satisfy the net job flow (`JF_{agkst}`) identity:
`JF_{agkst} \equiv \ E_{agkst} - B_{agkst} = A_{agkst} - S_{agkst}`
Summary Statistics
Valid values | 38340 |
Invalid values | 0 |
Minimum | 0.0354 |
Maximum | 5.707 |
Mean | 0.638 |
Standard deviation | 0.48 |
Value Ranges
Value Range
Range: [ 0.0354101463929498 , 5.70673291418945 ]