Retained Jobs

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rmartinez

• July 01, 2020 17:58

Can IMPLAN be used for retained jobs. Example, an existing warehouse operation is expanding. The operation currently has 100 employees. The expansion will result in 50 new jobs and $17M new construction. How can IMPLAN be used to calculate the economic impacts of the existing 100 jobs?

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• Official comment

  

  Candi Clouse

  • July 01, 2020 18:07

  Hello there! 

  IMPLAN can absolutely be used to examine retained jobs. The rule of thumb we recommend is if the existing employment is less than 50% of the total employment in that Industry, a standard Industry Employment Event is fine. If it is more than 50%, we recommend using Industry Contribution Analysis, which limits buybacks to the Industry.

  You can look at the current levels of Employment (and all other indicators) by navigating Behind the i and looking at that Industry.

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