Retained Jobs
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
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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