Thursday, March 31, 2005

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[IWS] BLS: New! LOCATION QUOTIENT CALCULATOR web tool for LOCAL AREA COMPARISONS [30 March 2005]

IWS Documented News Service
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Institute for Workplace Studies                 Professor Samuel B. Bacharach
School of Industrial & Labor Relations          Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                  Stuart Basefsky
New York, NY 10016                      Director, IWS News Bureau
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Location Quotient Calculator
http://data.bls.gov/LOCATION_QUOTIENT/servlet/lqc.ControllerServlet

Explanation
http://data.bls.gov/help/def/lq.htm#location_quotient_application

The Location Quotient Calculator is a tool on the BLS website that creates, on demand, tables of private sector employment data, by industry, as measured by the Quarterly Census of Employment and Wages (QCEW) program. The calculator allows the ready comparison of relative employment levels in the United States, states, counties, and Metropolitan Statistical Areas (MSAs).

AND MORE.....


Press Release-
Location Quotient Calculator [30 March 2005]
New BLS Web Tool Allows Local Area Comparisons
http://www.bls.gov/cew/cewlq.htm

The Bureau of Labor Statistics (BLS) has added a powerful new tool for labor market analysis to its web site services: the <http://data.bls.gov/LOCATION_QUOTIENT/servlet/lqc.ControllerServlet>Location Quotient Calculator.  The new calculator generates location quotients, a measure that is familiar to regional labor economists as a way to readily compare the industrial activity levels among different areas of the country. In general, location quotients are ratios that compare the concentration of a resource or activity, such as employment, in a defined area to that of a larger area or base. For example, location quotients can be used to compare State employment by industry to that of the nation; or employment in a city, county, metropolitan statistical area (MSA), or other defined geographic sub-area to that in the State. The new BLS location quotient calculator uses a timely data source that is especially rich in comprehensive industry and area detail BLS's Quarterly Census of Employment and Wages (QCEW).

With just a few quick selections from the BLS Web form, the user can specify a base or reference area (usually the United States as a whole) and a base or reference industry (usually the private sector, all industries), where industries are classified on a North American Industry Classification System (NAICS) basis. The user may choose up to three geographic areas to be compared to the base area and may choose numerous industries to be compared to the base industry. Users may choose standard industry lists, such as the NAICS SuperSector, Sector, or SubSector levels, or they may select any number of broad or narrowly defined NAICS industries for analysis. This innovative use of QCEW data allows for focused, detailed industry study at the desired geographic level.

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                 *
Director, IWS News Bureau               *
Institute for Workplace Studies *
Cornell/ILR School                      *
16 E. 34th Street, 4th Floor            *
New York, NY 10016                      *
                                        *
Telephone: (607) 255-2703               *
Fax: (607) 255-9641                     *
E-mail: smb6@cornell.edu                *
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