Viewing variable 527 of 753
Previous Variable Next VariableVariable Name | qwi_wrr |
Label | QWI: worker reallocation rate |
Codebook | National QWI |
Concept | |
Type | numeric |
Direct Link | qwi_wrr |
Summary Statistics
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
`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:
Accessions and separations satisfy the net job flow (`JF_{agkst}`) identity:
`JF_{agkst} \equiv \ E_{agkst} - B_{agkst} = A_{agkst} - S_{agkst}`