1. Copyright 2010, The World Bank Group. All Rights Reserved. The labor concept & the related indicators Part 2 Concepts Produced in Collaboration between World Bank Institute and the Development Data Group (DECDG)

2. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators Core concepts and their indicators 2 1.Labor Force 2.Employment 3.Unemployment 4.Underemployment 5.Labor Supply 6.Earnings 7.Cost of labor 8.Employment output elasticity 9.Education 10.Poverty 11.Quality of work 12.Unionization 13.Vulnerability 14.Child labor

3. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 1.Labor Force Total economic population Labor force participation rate Inactivity rate Working age population

4. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 2. Employment Total employment Total paid employment Employment to population ratio Status in employment Employment by sector Part-time workers Employment in the informal sector Employment in the agricultural informal sector.

5. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 2. Employment (continued) Activity rate Wage and salaried worker population rate Overall employment Employment in large firms Employment in medium and small firms

6. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 3. Unemployment Total unemployment Number of unemployed Youth unemployment Unemployment rate Discouraged workers Duration of unemployment

7. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 4. Underemployment Time related underemployment Inactivity rate Visible underemployment rate Invisible underemployment Global underemployment rate

8. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 5. Labor supply Number of hours worked Multi-activity rate Copyright: www.spot.colorado.edu

9. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 6. Earnings Wages Manufacturing wage indices Occupational wage indices Hourly compensation cost Monthly earnings in the formal sector

10. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 7. Cost of labor Cost of labor in manufacturing Labor productivity and unit labor costs Source: Wikipedia

11. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 8. Employment output elasticity Employment elasticity 9. Education Educational attainment Level of education of working age population Literacy

12. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 10. Poverty Head count index Number of working poor Poverty gap

13. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 11. Quality of work (employees only) Have a permanent job Receive a payment slip Have a work contract Receive social security Receive paid holidays Receive on the job training Receive job promotions

14. Copyright 2010, The World Bank Group. All Rights Reserved. Labor Concepts and Indicators 12. Unionization Proportion unionized 13. Vulnerability Dependency rate 14. Child labor Source: Wikipedia

15. Copyright 2010, The World Bank Group. All Rights Reserved. Resources http://laborsta.ilo.org/ -- ILO Labor Statistics Data Basehttp://laborsta.ilo.org/ http://kilm.ilo.org/KILMnetBeta/default2.asp --http://kilm.ilo.org/KILMnetBeta/default2.asp ILO Key Indicators of the Labor Market (KILM) http://www.ihsn.org/home/ -- International Household Survey Networkhttp://www.ihsn.org/home/

16. Copyright 2010, The World Bank Group. All Rights Reserved. Additional Materials Matrix: Overview of Formal and Informal Units / Employment and Non-Market ActivitiesMatrix: Overview of Formal and Informal Units / Employment and Non-Market Activities Core Concepts matrix Main indicators – definitions, uses, users