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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 ]