vald   37260
invd   1080
min   -0.318
max   0.556
mean   0.0822
stdev   0.0644

We define the full-quarter excess reallocation measured using the symmetric Full-Quarter Excess Reallocation Rate (see variables "qwi_fwrr" and "qwi_fjrr" for further information):

`FE\R\R_{agkst} = FW\R\R_{agkst} - FJ\R\R_{agkst}`

which measures the difference between full-quarter gross worker flow and full-quarter gross job flow rates, sometimes called the labor market ?churning? rate. The `FE\R\R` measures the rate of gross worker flow activity in each category in excess of the minimum rate required to account for the observed gross job reallocation. Separate inflow and outflow excess reallocation rates can be defined using the components of the `FE\R\R`?specifically, the Full-Quarter Excess Inflow Rate (`FEIR`) and the Full-Quarter Excess Outflow Rate (`FEOR`):

• `FEIR_{agkst} =\ FAR_{agkst} -\ FJCR_{agkst}`
• `FEOR_{agkst} =\ FSR_{agkst} -\ FJDR_{agkst}`

where the additive and symmetric growth rate properties of the measure within categories continue to hold. Because of the net job flow identities, `FEIR_{agkst} \equiv \ FEOR_{agkst}`.