Table of Contents
See also
Introduction
The unemployment rate is probably the best-known labour market measure and is certainly one of the most widely quoted by the media. The unemployment rate is a useful measure of the underutilization of the labour supply. It reflects the inability of an economy to generate employment for those persons who want to work but are not doing so, even though they are available for employment and actively seeking work.
Other measures of labour underutilization recognized in the international statistical standards are time-related underemployment and the potential labour force.
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Methods
Related pages
Labour Force Statistics (LFS, STLFS, RURBAN databases)
Concise description of concepts and definitions, uses, sources and limitations for labour force statistics in various databases (LFS, STLFS, RURBAN).
Work Statistics – 19th ICLS (WORK database)
Concise description of concepts and definitions, uses, sources and limitations for (paid and unpaid) work statistics based on the 19th ICLS standards.
Labour Market-Related SDG Indicators (ILOSDG database)
Concise description of concepts and definitions, uses, sources and limitations for labour market-related sustainable development indicators.
ILO Modelled Estimates (ILOEST database)
Discover the methods behind the ILO’s modelled estimates on labour force statistics (including the working poor), labour productivity, wage growth and labour migration.
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