Employment rate

This indicator shows the employment rate in the Nordic region for the 15-64-year olds. Employment rates are defined as a measure of the extent to which available labour resources (people available to work) are being used. They are calculated as the ratio of the employed to the working age population. Employment rates are sensitive to the economic cycle, but in the longer term they are significantly affected by governments' higher education and income support policies and by policies that facilitate employment of women and disadvantaged groups. Employed people are those aged 15 or over who report that they have worked in gainful employment for at least one hour in the previous week or who had a job but were absent from work during the reference week and comprise employees, self-employed persons and assisting spouses. For more information: http://91.208.143.100/pxweb/norden/pxweb/en/Nordic%20Statistics/

English

Keywords: employment rate, working, labour, employment, work