Unemployment/Addendum

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Revision as of 05:17, 15 August 2010 by imported>Nick Gardner (New page: {{subpages}} ==The definition of unemployment== An unemployed person is defined by Eurostat, according to the guidelines of the International Labour Organization, as: * someone aged...)
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This addendum is a continuation of the article Unemployment.

The definition of unemployment

An unemployed person is defined by Eurostat, according to the guidelines of the International Labour Organization, as:

   * someone aged 15 to 74 (in Italy, Spain, the United Kingdom, Iceland, Norway: 16 to 74 years);
   * without work during the reference week;
   * available to start work within the next two weeks (or has already found a job to start within the next three months);
   * actively having sought employment at some time during the last four weeks. 

The unemployment rate is the number of people unemployed as a percentage of the labour force.

References