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Dictionary of several Labour Market indicators
ITEM
DEFINITION
SOURCE
Population
For census purposes, the total population of the country consists of all persons
falling within the scope of the census. In the broadest sense, the total may
comprise either all usual residents of the country or all persons present in the
country at the time of the census.
(or workforce or economically active population, also shortened to active
population) includes both employed (employees and self-employed) and
unemployed people, but not the economically inactive, such as pre-school
children, school children, students and pensioners.
Persons who, by agreement, work for another resident institutional unit and
receive a remuneration
Persons who are the sole owners, or joint owners, of the unincorporated
enterprises in which they work.
Self-employed persons also include the following categories: unpaid family
workers, outworkers and workers engaged in production undertaken entirely for
their own final consumption or own capital formation, either individually or
collectively.
A person is economically inactive if he or she is not part of the labour force.
So inactive people are neither employed nor unemployed.
The inactive population can include pre-school children, school children, students,
pensioners and housewives or -men, for example, provided that they are not
working at all and not available or looking for work either; some of these may be
of working-age.
Persons in employment comprise all persons above a specified age who during a
specified brief period, either one week or one day, were in the following
categories:
- paid employment
- self employment
Represent persons in employment as a percentage of the population of working
age (15 -64 years)
EUROSTAT
Persons defined as:
EUROSTAT ILO
Labour force
Employees
Self-Employed
Inactive
Employment
Employment
Rate
Unemployed




Unemployed
Rate
Youth
Unemloyment
Youth
Unemloyment
Rate
Youth
Unemloyment
Ratio
EUROSTAT
EUROSTAT
EUROSTAT
ILO
EUROSTAT
EUROSTAT
someone aged 15 to 74 (in Italy, Spain, the United Kingdom, Iceland, Norway:
16 to 74 years);
without work during the reference week;
available to start work within the next two weeks (or has already found a job
to start within the next three months);
actively having sought employment at some time during the last four weeks.
Is the number of people unemployed as a percentage of the labour force.
EUROSTAT
Includes all the youth people between the ages of 15 and 24 inclusive, who are
unemployed
EUROSTAT
Is the percentage of the unemployed in the age group 15 to 24 years old
compared to the total labour force in that age group (both employed and
unemployed).
EUROSTAT
Is the percentage of unemployed in the age group 15 to 24 years old compared to
the total population of that age group (not only the active, but also the inactive
such as students).
EUROSTAT
Dictionary of several Labour Market indicators
ITEM
DEFINITION
SOURCE
Discouraged
workers
Persons who desire to work, but who are not in the labour force, believing that
there is no work available due to various reasons. Data are expressed in % of
labour force and % of total population (aged 15-64), or in thousands of persons.
They are broken down by sex and age groups.
(or Permanent) Form of contract without explicit agreement on the date of
termination.
EUROSTAT
All forms of employment on non-permanent contracts, of whatever duration,
except a probationary period. These include short- and fixed-term contract as well
as casual and seasonal ones including contracts through a temporary employment
agency.
Contractual relationship between an employee and an employer that lasts for a
specified period.
ILO
Employment relationships between workers and agencies not necessarily
temporary, could well be permanent, and agency employees must not be
necessarily temporary workers.
Is a regular wage employment with hours of work substantially shorter than
normal in the establishment concerned.
Young people who are not in employment, education or training.
Are all employees who do not participate fully in the production process of the unit
because they are working under an apprentice's contract or because the fact that
they are undertaking vocational training impinges significantly on their
productivity.
Are a sub-division of persons employed of the observation unit who carry out their
professional activity from their own home.
A set of tasks or activities to be performed by an individual which delimits the
function of the job (or position) occupied by that individual.
(or Hidden Economy) Consists of activities that are productive in an economic
sense and quite legal (provided certain standards or regulations are complied
with), but which are deliberately concealed from public authorities.
Delegating (part of) activities to an outside contractor.
The term “offshoring” is sometimes used synonymously with the term
“outsourcing”. However, outsourcing means acquiring services from an outside
(unaffiliated) company or an offshore supplier. In contrast, a company can source
offshore services from either an unaffiliated foreign company (offshore
outsourcing) or by investing in a foreign affiliate (offshore in-house sourcing).
Trade union density corresponds to the ratio of wage and salary earners that are
trade union members, divided by the total number of wage and salary earners.
Density is calculated using survey data, wherever possible, and administrative data
adjusted for non-active and self-employed members otherwise.
Gross domestic product is an aggregate measure of production equal to the sum of
the gross values added of all resident institutional units engaged in production
(plus any taxes, and minus any subsidies, on products not included in the value of
their outputs). The sum of the final uses of goods and services (all uses except
intermediate consumption) measured in purchasers' prices, less the value of
imports of goods and services, or the sum of primary incomes distributed by
resident producer units.
Wages and salaries are defined as "the total remuneration, in cash or in kind,
payable to all persons counted on the payroll (including homeworkers), in return
for work done during the accounting period" regardless of whether it is paid on the
basis of working time, output or piecework and whether it is paid regularly or not.
EUROSTAT
Open-ended
contract
Temporary
Employment
Fixed-term
contract
Agency work
Part-time work
NEET
Apprentices
Homeworkers
Job Description
Underground
Economy
Outsourcing
Offshoring
Trade Union
Density
GDP
Wages and
Salaries
ILO
EUROSTAT
ILO
EUROSTAT
EUROSTAT
EUROSTAT
EUROSTAT
EUROSTAT
EUROSTAT
EUROSTAT
EUROSTAT
EUROSTAT
EUROSTAT