THE LOBOR TURNOVER SURVEY IS AN
ONGOING PROGRAM TO MEASURE THE GROSS MOVEMENT OF WORKERS INTO AND
OUT OF EMPLOYED STATUS. THE LAYOFF RATE IS USED BY THE DEPARTMENT
OF COMMERCE IN PRODUCING LEADING INDEX INDICATORS TO PREDICT
MOVEMENTS IN THE ECOMOMY. FURTHMORE COMMERCE PUBLISHES THREE OF THE
LABOR TURNOVER TIME SERIES AS INDICATORS OF CYCLICAL MOVEMENTS IN
THE ECONOMY. THE LABOR TRUNOVER SURVEY US USED BY STATE EMPLOYMENT
SERVIES FO
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.