12 organization type code
Organization Type Code (IMT-ORG-TYPE)
This is a single byte found in position 648. The organization type code is a sub-definition for privately owned firms. Several States use alternate values for the second digit of the ownership code for the same purpose. However, this field is for BLS usage and will be included in the EQUI deliverable. So it contains standardized alpha code values rather than the numeric encoding found in the individual state ownership codes. This code has no meaning for any government ownership, so all non-private firms should always appear as a space. Although the ownership code is quarter specific, this field appears in the administrative data portion of the record, which could occasionally cause confusion.
Valid values for the organization type code include "C" for a corporation, "I" for an individual proprietorship, "P" for a partnership, and "O" for other specialized organizational structures. Those that have no specialized organization appear as a space. If the State's definitions of private ownership breakouts have similar meanings, they should be translated to these codes during the creation of IMT records. If no sub-ownership definitions are used in the State, or if they are inconsistent with these definitions, the organization type code should be set to either a space or low-values.
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