When COVID-19 began to ravage the US economy in mid-March, unemployment skyrocketed. Many jobs not considered “essential” to the economy, and without remote capabilities, were suddenly erased. And while the unemployment figures across the country are a testament to the virus’s sweeping, all-inclusive damage, the community impact on individual cities and regions remains unique. […]
Are you looking for ways to optimize your organization’s recovery from COVID-19? With new analytical tools, webinars, and research articles being published every week, Emsi has a variety of data-driven resources you can use as a guide through this uncertain time (and some are free!). Read on to find out how Emsi can help you use data to make the best decisions for your organization.
Emsi is pleased to announce the release of a brand new Knowledge Base! With a cleaned up format to point you in the right direction, lots of new articles, and a new fun look, we hope to provide an easy-to-use resource for anyone who needs a little extra help using or interpreting Emsi’s large library of data.
Shift share is a standard regional analysis method that attempts to determine how much of regional job growth can be attributed to national trends and how much is due to unique regional factors. Shift share helps answer why employment is growing or declining in a regional industry, cluster, or occupation.
Location quotient (LQ) is a way of discovering the industries or occupations that are truly unique and specialized in your regional economy as compared to the nation. It can be used to identify industrial or occupational gems that can be nurtured to drive the success of your economy.