Hello, I am working with industry 394 "Offices of physicians, dentists, and other health practitioners". I have other sources for direct output, employment and payroll, to which I am applying respective Type SAM multipliers to calculate indirect output, employment and payroll. I am then summing direct and indirect to get the total. Can you confirm that this is approach is correct? And also specifically, that the below is correct? Indirect Output = Direct Output * (Output Multiplier - 1) Indirect Employment= (Direct Output/$1,000,000) * (Employment Multiplier - 1) Indirect Output = Direct Output * (Output Multiplier - 1) I have a question about Indirect Employment and Indirect Output. If I take the example state of Pennsylvania, and I have: Direct Output: $24,389,264,071 Direct Employment: 172,802 Direct Payroll: $23,569,215,092 And then I have the following Type SAM multipliers: Output: 1.903451 Employment: 1.88814 Payroll: 1.504644 And then I calculate indirect impacts as: Indirect Output: $24,389,264,071 * (1.903-1) = $22,034,502,766 Indirect Employment: ($24,389,264,071/$1,000,000) *(1.888-1) = 21,661 Indirect Payroll: $23,569,215,092 = $23,569,215,092 *(1.505-1)= $11,894,055,310 We are surprised to see that: Direct Payroll/Direct Jobs = ($23,569,215,092 / 172,802) = $136,394 per job Indirect Payroll/Indirect Jobs = ($11,894,055,310 / 21,661) = $549,100 per job So we are surprised to see each direct job is associated with average wages/compensation of $136,394. And then each indirect job is associated with average wages/compensation of $549,100. Are we missing something in our calculations? Does indirect payroll capture something else? Is it not directly related to the extra indirect jobs? Thank you!!
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