Hello,
I am trying to input the correct number of wage and salary employees for a promoter’s operations that I am modeling. Our data shows 13 full-time employees, 6 part-time employees, and 15 seasonal employees (1–3 months). Since IMPLAN employment includes full-time, part-time, and seasonal jobs, should our input to the model be 34, with IMPLAN handling the split and seasonal adjustments behind the scenes? Or do we need to make adjustments before running the model?
Part Time / Seasonal Employment Adjustments
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Hello,
Employment in IMPLAN is an Industry-specific mix of full-time, part-time, and seasonal employment. It is an annual average that accounts for seasonality. IMPLAN Employment is often referred to as a headcount due to its definition of full-time/part-time annual average, adjusted for seasonality. Thus, 1 job lasting 12 months = 2 jobs lasting 6 months each = 3 jobs lasting 4 months each. A job can be either full-time or part-time. Similarly, a job that lasts one quarter of the year would be 1/4 (0.25) jobs.
You would only have to make adjustments to your Employment values for the seasonal employment before adding it to the model. To adjust the seasonal employment, take the job count times the number of months worked divided by 12. In equation form:
IMPLAN Jobs = Seasonal Jobs * [(months of seasonal job)/12]
Your Employment value would be the sum of your full-time, part-time, and adjusted seasonal employment values. Our Employment Support article provides more details regarding Employment in IMPLAN.
Hope this helps!
Whitney McKinzie
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