This might be tough to explain in a post, but I'll try.
I have five years of projections that include output (revenue net changes in inventory), wages and jobs. The client wants impact per year and total impact over the five year period.
The issue is jobs. Job growth is follows:
YR1: 198
YR2: 270
YR3: 338
YR4: 371
YR5: 445
The problem is the aggregate results (all five years). It's giving me direct jobs of 1,622, which is the sum of all five years. Yet they only employ 445 people. The labor income figure for all five years divided by the 1,622 does give me an average wage rate consistent with the per year wage rates (if that makes sense).
What's the best practice with handeling something like this? How do I interpret that 1,622 (or what am I doing wrong?). Thank you.
Comments
2 comments