Today we are pleased to announce the final release of our EMSI 2011.2 dataset. This release primarily reflects important updates from three of our key data sources, and is unchanged from the latest “beta” release which has been available in Analyst since May 10.
Also, note that we have changed our naming scheme for data releases: 2011.2 rather than Q2 2011 or 2nd Quarter 2011. We removed any mention of quarters since it could be incorrectly interpreted as the latest reference quarter of the underlying data. The new scheme simply reflects the fact that we release new data four times per year. To determine when the latest data in our main sources was collected, see “Updated” section or the full data source table in the PDF version of the release notes.
Updated Data Sources in This Release
• Quarterly Census of Employment and Wages, through Q3 2010 (BLS). These updates significantly influence our new 2010 job estimates.
• Current Employment Statistics, Jan-Mar 2011 (BLS). This dataset helps us form an estimate of 2011 annual averages ahead of final, detailed figures from the QCEW.
• Zip Code Business Patterns, 2008 (Census). This dataset forms the foundation of our Zip code estimates.
There were no significant methodological changes in this release. However, we now use 2011 as our “base year” for projections. A small fraction of all industries and areas were significantly affected by this shift in timeframes.
• Reminder on Widespread industry reclassification in the Energy sector: Starting in Q1 2010 QCEW data from the BLS, thousands of private-sector jobs in several states have been reclassified from NAICS 22111 (Electric Power Generation) to NAICS 22112 (Electric Power Transmission, Control, and Distribution). This change does not reflect an economic shift, but rather a difference in how employers self-identify to the unemployment insurance system. EMSI does not currently attempt to correct for such shifts in the data.
• Reminder on temporary Census worker employment: Our 2010 employment estimate for Federal Government (civilian) includes the effects of temporary Census worker jobs, which peaked in May. This effect is removed from projections. The 2010 federal government staffing pattern (and occupational data affected by it) does not currently account for this effect, due to lack of data on the occupational categorization of temporary Census workers.
Questions? Contact Us
If you have any questions or feedback about the new data, please contact Customer Solutions at (866) 999-3674 or via the online chat feature within EMSI Analyst.