2017 NAICS Code Changes

The North American Industry Classification System (NAICS), used to classify businesses for statistical economic data, is typically updated every five years to reflect the changing economy. There were relatively few changes for the set of new codes just released for use with 2017 data. However, there certainly were some interesting as well as notable changes.

Introducing Chmura’s Economic Impact Model

Chmura’s economic impact model is an integral component of its proprietary JobsEQ technology platform. It gives practitioners in economic development, workforce development, education, and other areas a tool to evaluate the economic impact of a potential project such as a business expansion or relocation. It allows for a seamless transition from JobsEQ’s industry and occupation data to economic impact analysis, thus ensuring data integrity and consistency.

Site Selection: Cost-of-Living or Payroll Analysis?

Although cost-of-living is important in estimating expenses for potential new locations for a firm expansion, and though cost-of-living is generally related with payroll costs, it is not a safe substitute for a full payroll analysis.

What Are the Hottest IT Certifications?

With the JobsEQ RTI data set,[1] one can easily stay up-to-date with which certifications are being requested most by employers in their job ads. The below graphic shows the top four IT certifications for the thirty days ending September 15, 2017; the counts indicate how often these certifications were mentioned by U.S. employers in online ads for computer occupations.[2]