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employment and unemployment (economical active population (underemployment…
employment and unemployment
economical active population
consists of workers + self employed + unemployed persons
underemployment rate
number of people who are willing and able to work but who do not have jobs, as a % of the total number of people who are willing and able to work.
LFPR = economically active population/population of working age
employment
SA has bad data
dose not cover all sectors and locations
QES
enterprises are surveyed on employment and earnings in the non agricultural sector. the informal sector is also excluded
used to estimate GDP
QLFS
survey of house holds/ dwellings conducted to to obtain employment data
formal vs informal employment
informal
reasons
dont want to pay tax
can't find full time employment
voluntary work
engaged in illegal activities
approaches to identify
Enterprise characteristics
employment relationship characteristics
employment coefficient
the degree of responsiveness of employment to economic growth
dose not immediately change with production
Labor absorption capacity
labour absorption capacity (%) = increase in formal employment / increase in labour force
unemployment
some one who seeks t but cant find work
strict
15-65, has not worked seven days prior to the survey, available to start work during the reference period and actively looked for work of tried to start a business
expanded
has a desire to find employment
sample survey method
QLFS
surveys 30 000 house holds with 25% rotating out every quarter
also generates data by sex, province and population
registered unemployment
some one who registers with the department of labor as unemployed
under employment
bad utilization of skills