Full Report - Kossuth County Economic Development

Appendix CThe 754 sample new entrants and reentrants into the labor force are esmated based on the naonal historicalrelaonship of entrants to the experienced unemployed and the experienced labor force. The Department ofLabor states that the Handbook esmate of entrants into the labor force is a funcon of (1) the month of theyear, (2) the level of the experienced unemployed, (3) the level of the experienced labor force and (4) theproporon of the working age populaon (BLS Handbook, Chapter 4, p. 39). The total entrants are esmatedby:where:ENT = A(X+E)+BXENT = total entrant unemploymentE = total employmentX = total experienced unemploymentA,B = synthec factors incorporang both seasonal variaons and the assumed relaonshipbetween the proporon of youth in the working‐age populaon and the historical rela‐onship of entrants, either the experienced unemployed or the experienced labor forceKossuth County Laborshed Analysis 40 Released March 2013