New Labor Market Indicators Issue I

David Howell (), Jeff Madrick and Melissa Mahoney
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Melissa Mahoney: Schwartz Center for Economic Policy Analysis (SCEPA), https://www.economicpolicyresearch.org

No 2005-01, SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: In this first report of the SCEPA Labor Market Indicators (LMI) project, we introduce two new indicators designed to capture both quantity and quality dimensions of labor market performance: the SCEPA Underemployment Rate measures the share of the labor force that is unemployed, paid very low wages, or works involuntarily part-time; the SCEPA Adequate Employment Rate measures the share of the working age population employed at jobs paying above the low-wage threshold and not working involuntarily part-time.

Keywords: Labor; Indicator; LMI (search for similar items in EconPapers)
JEL-codes: D63 E21 H2 H30 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2005-10
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Persistent link: https://EconPapers.repec.org/RePEc:epa:cepapn:2005_01

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