Workforce Displacement Measure
(Redirected from Job Displacement Metric)
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A Workforce Displacement Measure is a labor market measure that can quantify job displacement through employment change metrics to assess workforce transitions.
- AKA: Job Displacement Metric, Employment Displacement Index, Worker Displacement Measure.
- Context:
- It can typically calculate Displacement Rates through employment data comparison and job loss tracking.
- It can typically identify Displacement Causes via causal analysis and attribution methodology.
- It can typically measure Displacement Magnitudes using affected worker counts and percentage calculations.
- It can typically assess Displacement Durations through unemployment periods and reemployment timelines.
- It can typically track Displacement Patterns via sector analysis and occupation monitoring.
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- It can often distinguish Technological Displacement from economic displacement and structural displacement.
- It can often incorporate Demographic Variables for impact assessment.
- It can often utilize Survey Data and administrative records.
- It can often generate Policy Indicators for intervention planning.
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- It can range from being a Simple Count Measure to being a Complex Index Measure, depending on its methodological sophistication.
- It can range from being a Point-in-Time Measure to being a Longitudinal Measure, depending on its temporal scope.
- It can range from being a Gross Displacement Measure to being a Net Displacement Measure, depending on its job creation accounting.
- It can range from being a Regional Measure to being a National Measure, depending on its geographic coverage.
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- It can inform Workforce Policys through evidence provision.
- It can support Retraining Programs via need assessment.
- It can guide Economic Planning through trend identification.
- It can enable Research Studys via data provision.
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- Examples:
- Counter-Examples:
- Job Creation Measure, which tracks employment growth rather than loss.
- Productivity Measure, which assesses output rather than employment.
- Skill Gap Measure, which identifies capability mismatches rather than job loss.
- See: Worker Output Productivity Measure, Technological Unemployment Cause, Labor Force Participation Rate, Structural Unemployment, Frictional Unemployment Cause, U.S. Worker Population, Economic Impact Measure.