Measuring employment and unemployment
Eliana Viviano and
Andrea Brandolini ()
IZA World of Labor, 2018, No 445, 445
Abstract:
Measuring employment and unemployment is essential for economic policy. Internationally agreed measures (e.g. headcount employment and unemployment rates based on standard definitions) enhance comparability across time and space, but changes in real labor markets and policy agendas challenge these traditional conventions. Boundaries between different labor market states are blurred, complicating identification. Individual experiences in each state may vary considerably, highlighting the importance of how each employed or unemployed person is weighted in statistical indices.
Keywords: employment; unemployment; inactivity; work intensity; search intensity (search for similar items in EconPapers)
JEL-codes: J21 J23 J31 J64 J82 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izawol:journl:2018:n:445
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