These reports on labor market data are important to policy makers, economic developers, academia, and the public. It is important that the information be accurate, objective, relevant, timely, and accessible. For example, the Department of Labor produces an annual economic report, job vacancy survey, and monthly report on jobs and unemployment. Labor market data are available at KLIC.dol.ks.gov
In some cases, quarterly data has been annualized to provide a better comparison to prior fiscal years. Generally, measures that use percentages have been annualized. This prevents distortions in the quarterly data that may occur because of smaller populations sizes. Measures that show the numbers of incidents, activities or individuals reflect actual numbers for the quarter. This allows users to see progress from one quarter to the next towards identified goals.