Minnesota Business Employment Dynamics (MBED) measures gross job gains and losses at Minnesota establishments and tracks changes in employment at the establishment level, including establishment openings, closings, expansions, and contractions.
MBED statistics are available on a quarterly and annual basis by detailed industry at the state, regional, county, and city levels. These statistics provide information on the dynamics inherent in the Minnesota labor market.
The MBED statistics are derived from the Quarterly Census of Employment and Wages (QCEW) program. The QCEW data include all establishments covered under the Minnesota Unemployment Insurance (UI) laws and all federal agencies covered under the Unemployment Compensation for Federal Employees program.
Employment levels reported in the QCEW represent the number of covered workers who were employed during the pay period including the 12th of the month.
The QCEW data are linked across quarters to give a longitudinal history for each establishment that allows for tracking employment changes over time at each establishment. Estimates of job flows represent changes in the third month employment between the current and previous quarters.
The MBED statistics provide several measures on job flows by industry at the state, regional, county, and city levels from first quarter 2000 forward.
These measures include gross job gains and gross job losses in total and at establishment births, openings and expansions and deaths, closings and contractions.
Definitions of quarterly MBED statistics are:
The definitions of annual MBED statistics follow the same concepts as for quarterly MBED statistics except for the time period used to compute employment changes.
While the quarterly MBED data give employment flows over a given quarter, the annual MBED data give employment flows over a given year. The annual MBED statistics measure changes between December of the previous year and December of the current year.
The MBED statistics measure job changes at the establishment level and capture establishment job flows. They are not measures of movements of workers, or worker flows, that are brought about by hires and separations.
For example, if during a given quarter a worker leaves an establishment and another worker is hired at the same establishment leaving the employment levels unchanged over the reference period, MBED will show no job gain or job loss at this establishment.
The MBED data can be used to compute quarterly net employment change. This is not the same as the monthly net employment change derived from the Current Employment Statistics (CES) program.
Moreover, constructing a quarterly net employment change from the CES will not match the MBED quarterly net employment change because of differences in coverage and methodology between the MBED and the CES. A detailed comparison between MBED, CES, and QCEW can be found at www.bls.gov/news.release/cewqtr.tn.htm
For More Information about MBED
Visit the U.S. Bureau of Labor Statistics website at www.bls.gov/bdm/.
Additional data for Minnesota is at http://www.bls.gov/bdm/bdmstate.htm#MN.
For questions about the Minnesota data, contact our Labor Market Information Office at 651-259-7384 or email@example.com.