Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source
Luxembourg | 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 49.271
1984 49.656
1985 50.277
1986 50.356
1987 51.034
1988 50.03
1989 50.243
1990 49.259
1991 51.081
1992 52.475
1993 51.507
1994 50.859
1995 49.316
1996 49.285
1997 49.901
1998 49.932
1999 51.108
2000 52.159
2001 52.843
2002 53.329
2003 52.184
2004 52.192
2005 53.062
2006 52.406
2007 53.657
2008 53.177
2009 55.184
2010 55.183
2011 54.765
2012 55.728
2013 55.916
2014 56.563
2015 55.978
2016 55.202
2017 56.032
2018 56.54
2019 57.253
2020 56.685
2021 58.676
2022 58.741

Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source