Unemployment rate

Aim of the method/technique It provides the broadest available indicator of economic activity and status in terms of labour markets.
Scale – spatial and temporal Number of unemployed can be calculated on various levels (international, national, regional and municipal).
Brief description The unemployment rate is the proportion of the labour force that does not have a job and is actively looking for work on the working age population.
Data requirements Working age population and unemployed.
Main applications in cropland , grazing land and forests & shrubland regions --- 
Strengths and weaknesses Coverage of unemployment can vary with regard to factors such as age limits, criteria for seeking work, and treatment of, for example, persons temporarily laid off, discouraged about job prospects or seeking work for the first time.
2014-11-28 10:54:23