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Correlations > Economy Statistics > GSP > Compensation of Employees > State and local

DEFINITION: State and local, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.
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Showing latest available data.

Correlations between Economy > GSP > Compensation of Employees > State and local ...

Variable Strength
...and  Economy > GSP > Real GSP > State and local 99% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > State and local 99% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars 98% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Expenditures for Education 98% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Current Expenditures 98% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Revenue from All Sources 98% [plot | correlate | graph]
...and  Economy > Personal income 98% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Instruct. Expend.- Subtotal 97% [plot | correlate | graph]
...and  Health > Total Dentists 97% [plot | correlate | graph]
...and  Health > Total Personal Health Spending, FY2000 97% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Ambulatory health care services 97% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Ambulatory health care services 97% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 96% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Individualized Education Program 96% [plot | correlate | graph]
...and  Military > Iraq War Costs 96% [plot | correlate | graph]
...and  Government > Electoral Votes 96% [plot | correlate | graph]
...and  Government > Seats in the House of Representatives 96% [plot | correlate | graph]
...and  Military > Cost of the Military 96% [plot | correlate | graph]
...and  Military > Cost of Nuclear Weapons 96% [plot | correlate | graph]
...and  Economy > Total tax burden 96% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 96% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees 95% [plot | correlate | graph]
...and  Health > Total Health Care Employment 95% [plot | correlate | graph]
...and  Health > Total Sales for Retail Rx Drugs 95% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Support Services Expenditure- Subtotal 95% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Ambulatory health care services 95% [plot | correlate | graph]
...and  People > Population 95% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate 95% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government 95% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government 95% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Female 95% [plot | correlate | graph]
...and  Government > 2004 Election > Voting age population 95% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate 94% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate 94% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other services, except government 94% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Retail trade 94% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Retail trade 94% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Retail trade 94% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other services, except government 94% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Teachers 94% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Male 94% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Wholesale trade 94% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Wholesale trade 94% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Food services and drinking places 93% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food services and drinking places 93% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Undergraduate 93% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Ambulatory health care services 93% [plot | correlate | graph]
...and  Health > Total Registered Nurses 93% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food services and drinking places 93% [plot | correlate | graph]
...and  Government > 2004 Election > Total registered voters 93% [plot | correlate | graph]
Average: 95%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. StateMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all states, rather subsets of states matched together.

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NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 states match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed

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