Hidden Unemployment refers to the unemployment of potential workers that is not captured in official unemployment statistics. It includes those who have abandoned their job search, taken early retirement, or registered out of work for medical reasons.
An in-depth exploration of the Labour Force Survey, a quarterly survey providing critical information on the UK labour market, conducted by the Office for National Statistics.
Union Density refers to the percentage of workers in a specific industry or region who are union members. It provides valuable insights into the level of unionization within the workforce.
The Bureau of Labor Statistics (BLS) is the principal U.S. federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. It collects, analyzes, and disseminates essential economic information to support public and private decision making.
A comprehensive analysis of disguised unemployment, its types, implications, and measures.
The Unemployment Rate measures the percentage of the civilian labor force actively seeking employment but unable to find jobs. It is compiled by the U.S. Department of Labor and released monthly.
Comprehensive understanding of the work force, often referred to as the labor force, including its components, historical context, and related economic concepts.
A comprehensive overview of discouraged workers, including their definition, causes behind their status, and a comparison with unemployed individuals. Understand the factors that lead to discouragement in the job market and the implications for labor statistics.
Comprehensive guide on the Employment-to-Population Ratio, including its definition, measurement, types, historical context, and significance in economic analysis.
A comprehensive guide to understanding the labor force participation rate, including its definition, how it is calculated, and an in-depth analysis of trends and implications.
A comprehensive analysis of the unemployment rate, exploring how it is calculated, its historical trends, and comparisons among different states.
