Measuring unemployment
02 November 2012
The latest EU figures show a further increase in youth unemployment, but there has been some debate in the past over whether to express those levels in rates rather than ratios. What is the difference between the two, and which, if any, is a more precise measurement?
Video
16 May 2011
Statistical studies of the job market and the workforce not only help governments find out more about the current “state of the nation” - they are key tools in deciding appropriate policies to create job opportunities and enhance prosperity. While common in Europe and North America, accurate labour statistics are hard to come by in developing countries. But that’s just changed in Liberia, a country particularly hard hit by past conflict and poverty. And the results are pointing the way to job creation and to an improved quality of life for everyone.