Montana Economy At a Glance 2004 Oct

Cover Montana Economy At a Glance 2004 Oct
Montana Economy At a Glance 2004 Oct
Montana.Dept. of Labor And Industry.Research And Analysis Bureau
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The rest include new entrants (those entering the labor force for the first time) and re-entrants (those returning to the workforce after a period of absence, e.g. to raise children, etc.). The current LAUS methodology is based on outdated research and substantially undercounts the number of new and re-entrants at the county level. The new methodology calculates new and re-entrants at the statewide level based on historical data from the CPS. These estimates are then allocated to counties and o...ther sub-state areas based on the area's share of the total population aged 16 to 19 (for new entrants) and the population aged 20 and over (for re-entrants). It is anticipated that the impact of this change will be small, with the possible exception of areas with large universities.
New 2000 Office of Management and Budget Statistical Areas: The Office of Management and Budget defmes a metropolitan statistical area (MSA) as a county with a central urban area of 50,000+ people, plus any adjacent counties that meet commuting standards.


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