Guam | Vulnerable employment, total (% of total employment) (modeled ILO estimate)

Vulnerable employment is contributing family workers and own-account workers as a percentage of total employment. Development relevance: Breaking down employment information by status in employment provides a statistical basis for describing workers' behaviour and conditions of work, and for defining an individual's socio-economic group. A high proportion of wage and salaried workers in a country can signify advanced economic development. If the proportion of own-account workers (self-employed without hired employees) is sizeable, it may be an indication of a large agriculture sector and low growth in the formal economy. A high proportion of contributing family workers — generally unpaid, although compensation might come indirectly in the form of family income — may indicate weak development, little job growth, and often a large rural economy. Each status group faces different economic risks, and contributing family workers and own-account workers are the most vulnerable - and therefore the most likely to fall into poverty. They are the least likely to have formal work arrangements, are the least likely to have social protection and safety nets to guard against economic shocks, and often are incapable of generating sufficient savings to offset these shocks. Limitations and exceptions: Data are drawn from labor force surveys and household surveys, supplemented by official estimates and censuses for a small group of countries. Due to differences in definitions and coverage across countries, there are limitations for comparing data across countries and over time even within a country. Estimates of women in employment are not comparable internationally, reflecting that demographic, social, legal, and cultural trends and norms determine whether women's activities are regarded as economic. Statistical concept and methodology: The status in employment distinguishes between two categories of the total employed: (a) wage and salaried workers (also known as employees); and (b) self-employed workers, with the subcategories: (i) self-employed workers with employees (employers), (ii) self-employed workers without employees (own-account workers), and (iii) members of producers' cooperatives and contributing family workers (also known as unpaid family workers). Vulnerable employment refers to the sum of (ii) own-account workers and (iii) contributing family workers. The series is part of the "ILO modeled estimates database," including nationally reported observations and imputed data for countries with missing data, primarily to capture regional and global trends with consistent country coverage. Country-reported microdata is based mainly on nationally representative labor force surveys, with other sources (e.g., household surveys and population censuses) considering differences in the data source, the scope of coverage, methodology, and other country-specific factors. Country analysis requires caution where limited nationally reported data are available. A series of models are also applied to impute missing observations and make projections. However, imputed observations are not based on national data, are subject to high uncertainty, and should not be used for country comparisons or rankings. For more information: https://ilostat.ilo.org/resources/concepts-and-definitions/ilo-modelled-estimates/
Publisher
The World Bank
Origin
Guam
Records
63
Source
Guam | Vulnerable employment, total (% of total employment) (modeled ILO 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
1984
1985
1986
1987
1988
1989
1990
1991 11.084878
1992 11.075812
1993 11.068949
1994 11.022428
1995 10.979922
1996 10.923811
1997 10.838661
1998 10.771656
1999 10.699988
2000 10.569042
2001 10.493346
2002 10.429907
2003 10.397214
2004 10.246369
2005 10.100444
2006 10.130363
2007 10.12399
2008 10.09044
2009 10.102263
2010 10.0594769
2011 10.0647911
2012 10.0369969
2013 10.003994
2014 9.9572301
2015 9.9212228
2016 9.905771
2017 9.8817855
2018 9.893693
2019 9.8490234
2020 9.7350664
2021 9.7321111
2022

Guam | Vulnerable employment, total (% of total employment) (modeled ILO estimate)

Vulnerable employment is contributing family workers and own-account workers as a percentage of total employment. Development relevance: Breaking down employment information by status in employment provides a statistical basis for describing workers' behaviour and conditions of work, and for defining an individual's socio-economic group. A high proportion of wage and salaried workers in a country can signify advanced economic development. If the proportion of own-account workers (self-employed without hired employees) is sizeable, it may be an indication of a large agriculture sector and low growth in the formal economy. A high proportion of contributing family workers — generally unpaid, although compensation might come indirectly in the form of family income — may indicate weak development, little job growth, and often a large rural economy. Each status group faces different economic risks, and contributing family workers and own-account workers are the most vulnerable - and therefore the most likely to fall into poverty. They are the least likely to have formal work arrangements, are the least likely to have social protection and safety nets to guard against economic shocks, and often are incapable of generating sufficient savings to offset these shocks. Limitations and exceptions: Data are drawn from labor force surveys and household surveys, supplemented by official estimates and censuses for a small group of countries. Due to differences in definitions and coverage across countries, there are limitations for comparing data across countries and over time even within a country. Estimates of women in employment are not comparable internationally, reflecting that demographic, social, legal, and cultural trends and norms determine whether women's activities are regarded as economic. Statistical concept and methodology: The status in employment distinguishes between two categories of the total employed: (a) wage and salaried workers (also known as employees); and (b) self-employed workers, with the subcategories: (i) self-employed workers with employees (employers), (ii) self-employed workers without employees (own-account workers), and (iii) members of producers' cooperatives and contributing family workers (also known as unpaid family workers). Vulnerable employment refers to the sum of (ii) own-account workers and (iii) contributing family workers. The series is part of the "ILO modeled estimates database," including nationally reported observations and imputed data for countries with missing data, primarily to capture regional and global trends with consistent country coverage. Country-reported microdata is based mainly on nationally representative labor force surveys, with other sources (e.g., household surveys and population censuses) considering differences in the data source, the scope of coverage, methodology, and other country-specific factors. Country analysis requires caution where limited nationally reported data are available. A series of models are also applied to impute missing observations and make projections. However, imputed observations are not based on national data, are subject to high uncertainty, and should not be used for country comparisons or rankings. For more information: https://ilostat.ilo.org/resources/concepts-and-definitions/ilo-modelled-estimates/
Publisher
The World Bank
Origin
Guam
Records
63
Source