The IMPLAN sector would be 356 (Securities, commodity contracts, investments, and related activities). The Study Area Data shows MUCH higher Employment and MUCH lower Employee Compensation or Labor Income than expected. § Employment in IMPLAN sector 356 shows as 33,295 in the 5-county region, while QCEW shows employment in the corresponding NAICS 523 as 4,187. § IMPLAN’s Labor Income per Worker shows as $34,639 and I compute Compensation per Employee as $23,899. QCEW shows an Average Annual Salary of $162,007. See the attached. Can you confirm that there is not some problem with the data files for our region? Or some other file the model is using? Back in 2009 I had a prob with anomalous looking data and was delivered new files for my counties and a new structural matrix file. FYI, I examined the Study Area Data for the same region with last year’s files and Employment and Labor Income per Worker are in a similar ballpark. Thanks!
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