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Variable Name qwi_fjdr
Label QWI: FQ job destruction rate
Codebook National QWI
Concept
Type numeric
Direct Link qwi_fjdr

Summary Statistics

vald   37260
invd   1080
min   0.00792
max   0.486
mean   0.0917
stdev   0.0482

Full Description

Gross full-quarter job flows are measured using the symmetric Full-Quarter Job Reallocation Rate:

`FJ\R\R_{agkst} =\ (FJC_{agkst} + FJD_{agkst})*(2/(F_{agkst} + F_{agkst-1}))`

where

  • `FJC_{agkst} \equiv` job creations
  • `FJD_{agkst} \equiv` job destructions

`FJ\R\R` measures total job creations and destructions (called job creations/destructions in the QWI and gross job gains/losses in the BED) as a proportion of full-quarter average employment in the category. The gross job inflow and outflow rates, the Full-Quarter Job Creation Rate (`FJCR`) and Full- Quarter Job Destruction Rate (`FJDR`) , can be defined as additive components of the `FJ\R\R`:

  • `FJCR_{agkst} =\ FJC_{agkst}*(2/(F_{agkst} + F_{agkst-1}))`
  • `FJDR_{agkst} =\ FJD_{agkst}*(2/(F_{agkst} + F_{agkst-1}))`