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F s and Definitions <br /> .- <br /> ing are definitions of some fundamental terms used in this report: <br /> Establishment: As defined by the U.S. Department of Commerce, a separate plant location or worksite of a t <br /> • r enterprise. Large companies may have several establishments in various locations around Minnesota. <br /> r' <br /> : The death of a Minnesota business establishment is assumed to have occurred when that establishment both <br /> port to the Minnesota Unemployment Insurance Program U-! tim <br /> nt cannot be found elsewhere in the U-I record Businesses which consecutive <br /> orarmerged and with when other <br /> establishments• when such sale or merger resulted in a name and identification number change, may occasionally be <br /> erroneously reported as dissolutions. Apparent dissolutions of manufacturing companies are fitrther verified by business <br /> termination data from the Department of Economic Security(DES),and through follow-up surveys administered by DIED. <br /> Birth: The start-up of a new company is determined to have occurred when the establishment first reports to the U-! Definitions <br /> Program. Sales or mergers of companies may occasionally be erroneously reported as births, when such activity resulted - 1 Sources <br /> a company name change. For manufacturing companies. DES's records and various industry sources are used to identify <br /> such business sales and mergers, which are then excluded from this category. <br /> Expansion: The DTED Business Tracking System reports only significant business expansions. A significant expansion 4th Quarter, 1995 <br /> occurs when a business establishment with over 19 employees increases employment by 25 percent or more over two <br /> quarters; or when any establishment adds 50 or more employees over two quarters. For seasonal businesses such as <br /> outdoor recreation and tourism,job growth is calculated from the same quarter of the previous year. <br /> Contraction: The DTED Business Tracking System reports only significant business contractions.A significant contraction <br /> occurs when a business establishment with over 19 employees decreases employment by 25 percent or more over two <br /> quarters; or when any establishment terminates 50 or more employees over two quarters. For seasonal businesses, job <br /> decline is calculated from the same quarter of the previous year. <br /> Sources For This Report <br /> The DTED Business Tracking System is based on information and data files provided by the Research and Statistics Office <br /> and the Tax Division of the Minnesota Department of Economic Security, including quarterly employer reports to the <br /> Unemployment Insurance Program (ES202). The data covers approximately 97 percent of all nonagricultural wage and <br /> salary employment in Minnesota. Those excluded from ES202 are the self-employed, railroad workers, most farmers, <br /> commission agents, students, religious workers and elected government officials. <br /> • Six months after the close of each quarter, DES provides DTED with raw data on employment and wages by business <br /> establishment for that quarter. This report is produced one to two months after DTED receives these data. Hence, the <br /> DTED Quarterly Report is issued approximately 8 months after the close of quarter covered. <br /> 13 <br />