Seasonal adjustment in the ECI and the conversion to NAICS and SOC.
The article examines seasonal adjustment in the U.S. Employment Cost Index (ECI) and the conversion to North American Industry Classification System and Standard Occupational Classification system. The Office of Management and Budget mandate necessitated three changes to the ECI seasonal adjustment...
| Publicado en: | Monthly Labor Review Vol. 129; no. 4; pp. 12 - 22 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
US Department of Labor
Apr2006
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The article examines seasonal adjustment in the U.S. Employment Cost Index (ECI) and the conversion to North American Industry Classification System and Standard Occupational Classification system. The Office of Management and Budget mandate necessitated three changes to the ECI seasonal adjustment process. In direct seasonal adjustment, an index that has not been seasonally adjusted is divided by the seasonal factor for the series. The seasonal factors for directly adjusted series are estimated by applying seasonal adjustment techniques directly to historical data for the series. |
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