Iceland | Vulnerable employment, male (% of male 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
Republic of Iceland
Records
63
Source
Iceland | Vulnerable employment, male (% of male 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
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1988
1989
1990
17.149827 1991
16.145502 1992
16.370466 1993
17.922686 1994
16.9080464 1995
13.7148602 1996
14.2662605 1997
15.7468427 1998
14.9968496 1999
13.6594209 2000
14.155569 2001
14.8092941 2002
12.6929791 2003
11.2963666 2004
12.6371687 2005
13.2155227 2006
12.2336353 2007
10.6706755 2008
10.1810618 2009
10.505163 2010
10.1604293 2011
9.828105 2012
10.4792668 2013
10.878993 2014
11.3056171 2015
10.2229193 2016
9.7967662 2017
9.7736442 2018
10.0476693 2019
10.2416866 2020
9.8778365 2021
2022
Iceland | Vulnerable employment, male (% of male 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
Republic of Iceland
Records
63
Source