The Organization for Economic Co-operation and Development defines the employment rate as the percentage of the working age population (ages 15 to 64 in most OECD countries) who are currently employed. According to the International Labour Organization, a person is considered employed if they have worked at least 1 hour in "gainful" employment. The International Labour Organization [1]
References
- ^ OECD Factbook 2007, Organization for Economic Co-operation and Development, 2007, ISBN 978-92-64-02946-0, <http://www.oecd.org/dataoecd/15/24/38335554.pdf>. Retrieved on 31 January 2008
See also
This is a list of countries by Employment rate (the proportion of working age adults employed here with working age between 15 and 64 years old Unemployment occurs when a person is available to work and currently seeking work but the person is without work. Employment is a Contract between two parties, one being the employer and the other being the employee. The Employment-to-population ratio is a statistical ratio which measures the proportion of the country's Working-age population that is employed
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