Copyright 2010, The World Bank Group. All Rights Reserved. The labor concept & the related indicators Part 2 Concepts Produced in Collaboration between.

Copyright 2010, The World Bank Group. All Rights Reserved.

The labor concept & therelated indicators

Part 2

Concepts

Produced in Collaboration between World Bank Institute and the Development Data Group (DECDG)

Copyright 2010, The World Bank Group. All Rights Reserved.

Labor Concepts and Indicators

Core concepts and their indicators

2

1. Labor Force2. Employment3. Unemployment4. Underemployment5. Labor Supply6. Earnings7. Cost of labor8. Employment output

elasticity

9. Education10. Poverty11. Quality of work12. Unionization13. Vulnerability14. Child labor

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Labor Concepts and Indicators

1. Labor Force

• Total economic population

• Labor force participation rate

• Inactivity rate

• Working age population

Copyright 2010, The World Bank Group. All Rights Reserved.

Labor Concepts and Indicators2. Employment

• Total employment

• Total paid employment

• Employment to population ratio

• Status in employment

• Employment by sector

• Part-time workers

• Employment in the informal sector

• Employment in the agricultural informal sector.

Copyright 2010, The World Bank Group. All Rights Reserved.

Labor Concepts and Indicators

2. Employment (continued)

• Activity rate

• Wage and salaried worker population rate

• Overall employment

• Employment in large firms

• Employment in medium and small firms

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Labor Concepts and Indicators

3. Unemployment

• Total unemployment

• Number of unemployed

• Youth unemployment

• Unemployment rate

• Discouraged workers

• Duration of unemployment

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Labor Concepts and Indicators

4. Underemployment

• Time related underemployment

• Inactivity rate

• Visible underemployment rate

• Invisible underemployment

• Global underemployment rate

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Labor Concepts and Indicators

5. Labor supply

• Number of hours worked

• Multi-activity rate

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Copyright 2010, The World Bank Group. All Rights Reserved.

Labor Concepts and Indicators

6. Earnings

• Wages

• Manufacturing wage indices

• Occupational wage indices

• Hourly compensation cost

• Monthly earnings in the formal sector

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Labor Concepts and Indicators

7. Cost of labor

• Cost of labor in manufacturing

• Labor productivity and

unit labor costs

Source: Wikipedia

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Labor Concepts and Indicators

8. Employment output elasticity• Employment elasticity

9. Education

• Educational attainment

• Level of education of working

age population

• Literacy

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Labor Concepts and Indicators

10. Poverty

• Head count index

• Number of working poor

• Poverty gap

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Labor Concepts and Indicators

11. Quality of work (employees only)

• Have a permanent job

• Receive a payment slip

• Have a work contract

• Receive social security

• Receive paid holidays

• Receive on the job training

• Receive job promotions

Copyright 2010, The World Bank Group. All Rights Reserved.

Labor Concepts and Indicators

12. Unionization• Proportion unionized

13. Vulnerability• Dependency rate

14. Child labor

Source: Wikipedia

Copyright 2010, The World Bank Group. All Rights Reserved.

Resources

• http://laborsta.ilo.org/ -- ILO Labor Statistics Data Base

• http://kilm.ilo.org/KILMnetBeta/default2.asp --

ILO Key Indicators of the Labor Market (KILM)

• http://www.ihsn.org/home/ -- International Household Survey Network

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Additional Materials

• Matrix: Overview of Formal and Informal Units / Employment and Non-Market Activities

• Core Concepts matrix

• Main indicators – definitions, uses, users