copyright 2010, the world bank group. all rights reserved. the labor concept & the related...
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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
Copyright 2010, The World Bank Group. All Rights Reserved.
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
Copyright 2010, The World Bank Group. All Rights Reserved.
Labor Concepts and Indicators
3. Unemployment
• Total unemployment
• Number of unemployed
• Youth unemployment
• Unemployment rate
• Discouraged workers
• Duration of unemployment
Copyright 2010, The World Bank Group. All Rights Reserved.
Labor Concepts and Indicators
4. Underemployment
• Time related underemployment
• Inactivity rate
• Visible underemployment rate
• Invisible underemployment
• Global underemployment rate
Copyright 2010, The World Bank Group. All Rights Reserved.
Labor Concepts and Indicators
5. Labor supply
• Number of hours worked
• Multi-activity rate
Copyright: www.spot.colorado.edu
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
Copyright 2010, The World Bank Group. All Rights Reserved.
Labor Concepts and Indicators
7. Cost of labor
• Cost of labor in manufacturing
• Labor productivity and
unit labor costs
Source: Wikipedia
Copyright 2010, The World Bank Group. All Rights Reserved.
Labor Concepts and Indicators
8. Employment output elasticity• Employment elasticity
9. Education
• Educational attainment
• Level of education of working
age population
• Literacy
Copyright 2010, The World Bank Group. All Rights Reserved.
Labor Concepts and Indicators
10. Poverty
• Head count index
• Number of working poor
• Poverty gap
Copyright 2010, The World Bank Group. All Rights Reserved.
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
Copyright 2010, The World Bank Group. All Rights Reserved.
Additional Materials
• Matrix: Overview of Formal and Informal Units / Employment and Non-Market Activities
• Core Concepts matrix
• Main indicators – definitions, uses, users