Time Series Analysis
I won't be providing all the codes for the analysis, so the content will be better understood if viewed in parallel with my notebook available here.
The North American Industry Classification System (NAICS) is an industry classification system developed by the statistical agencies of Canada, Mexico, and the United States. NAICS is designed to provide common definitions of the industrial structure of the three countries and a common statistical framework to facilitate the analysis of the three economies.
In this analysis, we will look at the variation of employees among various industries. The dataset for the analysis is available here. The dataset consists of fifteen csv files beginning with RTRA which contains employment data by industry at different levels of aggregation: 2 digit NAICS, 3 digits NAICS and 4 digit NAICS. The column in each dataset signifies:
SYEAR: Survey Year
SMTH: Survey Month