Compensation Vs. Labor Income
I’m working with a data-set for Union County NJ, and in activity setup, construction spending of $1M results in 5.7 jobs and $357K in compensation, but then in scenario results, construction spending of $1M results in 5.7 direct jobs and $450K in direct labor income. Can you please explain the difference between these results?
Thanks
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labor income is employee compensation plus proprietor income (self employed). There is a lot of self employment in construction. If you do not want the propietor income in the direct results, then set it to 0 in the event you created.0
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