| Spotlight Local Employment Dynamics
Local Employment Dynamics (LED) is a cooperative program between state labor market information agencies and the United States Census Bureau. The program combines statistical information from the Quarterly Census of Employment and Wages (QCEW) program with existing census data to produce quarterly information on employment trends. The program's most popular output, the Quarterly Workforce Indicators (QWI), provides information on employment activities such as hiring, job creation, job separation and turnover.
Because of the connection to QCEW statistics, data produced by the LED program is particularly detailed. QWI are not only produced at the statewide level, but are also available for each county, metropolitan area, Workforce Investment Area, and many cities (based on population). Additionally, these employment indicators are produced and published by gender, age range, and industry sector. All LED program information and statistics are available at www.discover.arkansas.gov.
LED Terms and Definitions
Total Employment - Total number of workers who were employed by the same employer in both the current and previous quarter.
Net Job Flows - Difference between current and previous quarter employment at each business.
Job Creation - The number of new jobs created, either by new area businesses or by the expansion of existing businesses.
New Hires - Total number of accessions* that were also not employed by the particular business during the previous four quarters.
Separations - Total number of workers employed by a particular business during the current quarter, but not during the subsequent quarter.
Turnover Rate - Turnover rate = (1/2) x (accessions* + separations), divided by total employment for all full quarter measures.
Average Monthly Earnings - Total quarterly earnings of all full-quarter employees, divided by the number of full-quarter employees, divided by three.
Average New Hire Earnings - Total quarterly earnings of all full-quarter new hires, divided by the number of full-quarter new hires, divided by three.
*Accessions are the total number of workers who were employed by a business during the current quarter, but not the previous quarter.
Local Employment Dynamics
State of Arkansas
2nd Quarter 2009 - 2nd Quarter 2010
| Indicator |
2nd Qtr 2009 |
3rd Qtr 2009 |
4th Qtr 2009 |
1st Qtr 2010 |
2nd Qtr 2010 |
| Total Employment |
1,120,402 |
1,091,609 |
1,110,308 |
1,091,236 |
1,112,407 |
| Net Job Flows |
+1,507 |
-3,455 |
-9,864 |
+16,356 |
+8,782 |
| Job Creation |
57,395 |
48,740 |
41,217 |
52,239 |
64,972 |
| New Hires |
165,596 |
171,182 |
145,576 |
144,635 |
193,154 |
| Separations |
195,938 |
195,642 |
181,809 |
149,209 |
212,379 |
| Turnover Rate |
8.8% |
8.4% |
8.5% |
7.4% |
9.1% |
| Avg Monthly Earnings |
$2,972.00 |
$2,894.00 |
$3,220.00 |
$2,980.00 |
$3,098.00 |
| Avg New Hire Earnings |
$1,981.00 |
$1,837.00 |
$1,972.00 |
$1,692.00 |
$2,060.00 |
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