I'm working on a project that is taking place over the span of 2 years. So far, I have been inputting the project into IMPLAN as a single scenario. So far when I have been plugging the numbers into IMPLAN (industry change), it has been over-estimating the employment number by quite a bit. IMPLAN has estimated the number of jobs on the project to be about 80 FTEs (I did the conversion). I have actual data from the project which is currently taking place. From this data I have estimated the employment in FTEs (this is a construction job so we had to just calculate out an FTE). The number that I have come to is about 40, so roughly half of what IMPLAN has estimated. Now that I am looking at my results I am realizing that IMPLAN is probably giving me a correct number for employment, but that it is just calculating it as if the project were completed in one year (because, if so twice as many bodies would be needed to complete the project in the shorter amount of time) while I am calculating my FTEs for a single year (Full time equivalents are ). 1) Does this logic make sense? Or is my employment being overestimated by the model? 2) If this logic does make sense. Can I just divide the employment number that IMPLAN is creating by the 2years of the project to get an annual number.
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