Euro area | Employment to population ratio, 15+, total (%) (national estimate)

Employment to population ratio is the proportion of a country's population that is employed. Employment is defined as persons of working age who, during a short reference period, were engaged in any activity to produce goods or provide services for pay or profit, whether at work during the reference period (i.e. who worked in a job for at least one hour) or not at work due to temporary absence from a job, or to working-time arrangements. Ages 15 and older are generally considered the working-age population. Development relevance: Four targets were added to the UN Millennium Declaration at the 2005 World Summit High-Level Plenary Meeting of the 60th Session of the UN General Assembly. One was full and productive employment and decent work for all, which is seen as the main route for people to escape poverty. Employment to population ratio is a key measure to monitor whether a country is on track to achieve the Millennium Development Goal of eradicating extreme poverty and hunger by 2015. And it continues to be a priority in the Sustainable Development Goal of promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. Limitations and exceptions: Data on employment by status are drawn from labor force surveys and household surveys, supplemented by official estimates and censuses for a small group of countries. The labor force survey is the most comprehensive source for internationally comparable employment, but there are still some limitations for comparing data across countries and over time even within a country. Comparability of employment ratios across countries is affected by variations in definitions of employment and population. The biggest difference results from the age range used to define labor force activity. The population base for employment ratios can also vary. Most countries use the resident, non-institutionalized population of working age living in private households, which excludes members of the armed forces and individuals residing in mental, penal, or other types of institutions. But some countries include members of the armed forces in the population base of their employment ratio while excluding them from employment data. The reference period of a census or survey is another important source of differences: in some countries data refer to people's status on the day of the census or survey or during a specific period before the inquiry date, while in others data are recorded without reference to any period. Employment ratios tend to vary during the year as seasonal workers enter and leave. This indicator also has a gender bias because women who do not consider their work employment or who are not perceived as working tend to be undercounted. This bias has different effects across countries and reflects demographic, social, legal, and cultural trends and norms. Statistical concept and methodology: The employment to population ratio indicates how efficiently an economy provides jobs for people who want to work. A high ratio means that a large proportion of the population is employed. But a lower employment to population ratio can be seen as a positive sign, especially for young people, if it is caused by an increase in their education.
Publisher
The World Bank
Origin
Euro area
Records
63
Source
Euro area | Employment to population ratio, 15+, total (%) (national estimate)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983 48.10030012
1984 48.39867248
1985 49.41922276
1986 47.89266974
1987 48.02287313
1988 48.32571528
1989 48.76249835
1990 49.86321438
1991 50.21160216
1992 49.51876925
1993 48.43577025
1994 47.91352285
1995 47.90408725
1996 47.92574495
1997 47.90525924
1998 48.4633746
1999 49.20670589
2000 49.87681637
2001 50.36644521
2002 50.56031034
2003 50.7391146
2004 50.62388325
2005 51.05466152
2006 51.72323276
2007 52.44410852
2008 52.6642067
2009 51.43607376
2010 51.04264789
2011 51.03213514
2012 50.57105293
2013 50.21933063
2014 50.32336149
2015 50.65848379
2016 51.35760631
2017 51.95902501
2018 52.52481366
2019 53.02157184
2020 51.92331897
2021 52.54620616
2022 53.67038601

Euro area | Employment to population ratio, 15+, total (%) (national estimate)

Employment to population ratio is the proportion of a country's population that is employed. Employment is defined as persons of working age who, during a short reference period, were engaged in any activity to produce goods or provide services for pay or profit, whether at work during the reference period (i.e. who worked in a job for at least one hour) or not at work due to temporary absence from a job, or to working-time arrangements. Ages 15 and older are generally considered the working-age population. Development relevance: Four targets were added to the UN Millennium Declaration at the 2005 World Summit High-Level Plenary Meeting of the 60th Session of the UN General Assembly. One was full and productive employment and decent work for all, which is seen as the main route for people to escape poverty. Employment to population ratio is a key measure to monitor whether a country is on track to achieve the Millennium Development Goal of eradicating extreme poverty and hunger by 2015. And it continues to be a priority in the Sustainable Development Goal of promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. Limitations and exceptions: Data on employment by status are drawn from labor force surveys and household surveys, supplemented by official estimates and censuses for a small group of countries. The labor force survey is the most comprehensive source for internationally comparable employment, but there are still some limitations for comparing data across countries and over time even within a country. Comparability of employment ratios across countries is affected by variations in definitions of employment and population. The biggest difference results from the age range used to define labor force activity. The population base for employment ratios can also vary. Most countries use the resident, non-institutionalized population of working age living in private households, which excludes members of the armed forces and individuals residing in mental, penal, or other types of institutions. But some countries include members of the armed forces in the population base of their employment ratio while excluding them from employment data. The reference period of a census or survey is another important source of differences: in some countries data refer to people's status on the day of the census or survey or during a specific period before the inquiry date, while in others data are recorded without reference to any period. Employment ratios tend to vary during the year as seasonal workers enter and leave. This indicator also has a gender bias because women who do not consider their work employment or who are not perceived as working tend to be undercounted. This bias has different effects across countries and reflects demographic, social, legal, and cultural trends and norms. Statistical concept and methodology: The employment to population ratio indicates how efficiently an economy provides jobs for people who want to work. A high ratio means that a large proportion of the population is employed. But a lower employment to population ratio can be seen as a positive sign, especially for young people, if it is caused by an increase in their education.
Publisher
The World Bank
Origin
Euro area
Records
63
Source