Home > Term: location quotient
location quotient
Ratio that compares the concentration of a resource or activity, such as employment, in a defined area to that of a larger area or base. For example, location quotients can be used to compare State employment by industry to that of the nation.
- Part of Speech: noun
- Industry/Domain: Labor
- Category: Labor statistics
- Company: U.S. DOL
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Creator
- Levi Taylor
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