Education Education An approach to some basic Indicators for ...
Education Education An approach to some basic Indicators for ...
Education Education An approach to some basic Indicators for ...
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Catalog of Indica<strong>to</strong>rs Work/Labor 105 Name of indica<strong>to</strong>r: Unemployment RateDefinition: The percentage of the labor <strong>for</strong>ce that is unemployed (persons who are without work but who are actively seeking <strong>for</strong> it). This is probably the best-‐known labor market measure. Together with the employment rate, it provides the broadest indica<strong>to</strong>r of the status of the country labor market. Description: Unemployment is useful and relevant <strong>to</strong> measuring sustainable development, especially if uni<strong>for</strong>mly measured over time, and considered with other socioeconomic indica<strong>to</strong>rs. It is one of the main reasons <strong>for</strong> poverty in rich and medium income countries and among persons with high education in low income countries. Sec<strong>to</strong>r: Work/Employment Subsec<strong>to</strong>r: Work and income Sources: [1] Development Indica<strong>to</strong>rs Reference Manual: CONCEPTS AND DEFINITIONS. Asian Development Bank. 2004. [2] Tools and indica<strong>to</strong>rs <strong>for</strong> gender impact analysis, moni<strong>to</strong>ring and evaluation. Economic Commission <strong>for</strong> Latin America and the Caribbean. 2002. [3] KEY INDICATORS FOR ASIA AND THE PACIFIC 2010. Asian Development Bank. 2010. [4] Indica<strong>to</strong>rs of Sustainable Development: Guidelines and Methodologies. United Nation of Economic and Social Affairs. 2007. Unit of measuring: Thousands Formula: UR = UPUW×1000 ; For women: WUR =TLF TWLF ×1000 Formula explained: Unemployment rate is calculated dividing the <strong>to</strong>tal number of unemployed population among the <strong>to</strong>tal labor <strong>for</strong>ce of a country in a specific year, and all it multiplied by 1000. In <strong>for</strong>mula: UR= Unemployment rate; UP=Total Unemployed population; TLF= Total labor <strong>for</strong>ce. WUR = Women Unemployment Rate; UW= Unemployment women; TWLF= Total women labor <strong>for</strong>ce. Priority: Yes Local/International: International
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