Management. In order to perform the calculation, a recipient will need the total number of hours
worked by employees in the most recent quarter (the quarter being reported) in jobs that meet the
definition of a job created or a job retained as defined in paragraph 2.b. The recipient will also
need the number of hours in a full-time schedule for the quarter. For instance, if a full-time
schedule is 2,080 hours/year, the number of hours in a full-time schedule for a quarter is 520
(2,080 hours/4 quarters = 520). The formula for reporting can be represented as: