Unemployment - Unemployment How is unemployment measured by...

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Unemployment How is unemployment measured by ILO (the International Labor Organization) The ILO method of measuring the unemployed differs from the claimant (administrative record) method used in the UK. The definition of unemployment is internationally agreed and recommended by the International Labor Organization (ILO) - an agency of the United Nations. The Statistical Office of the European Union (Eurostat) and the Organization for Economic Co-operation and Development (OECD) and other countries use this definition. Under the LFS guidelines, all people aged 16 and over can be classified into one of three states: in employment; unemployed; or economically inactive. Unemployed people are: without a job, want a job, have actively sought work in the last 4 weeks and are available to start work in the next 2 weeks, or out of work, have found a job and are waiting to start it in the next 2 weeks Which characteristics are found more often among unemployed persons? The major types of unemployment include frictional (temporary), structural (changing patterns pf
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This note was uploaded on 03/31/2010 for the course ECONOMICS 322 taught by Professor H during the Spring '08 term at Kadir Has Üniversitesi.

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