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Stata SAS
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 ]