Luxembourg | Employment to population ratio, ages 15-24, male (%) (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 15-24 are generally considered the youth 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, ages 15-24, male (%) (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
59.499 1983
58.194 1984
55.318 1985
56.396 1986
55.997 1987
51.053 1988
52.892 1989
44.751 1990
54.68 1991
50.043 1992
47.788 1993
43.822 1994
39.564 1995
38.478 1996
37.21 1997
35.062 1998
33.744 1999
35.261 2000
34.213 2001
36.135 2002
28.003 2003
25.992 2004
28.358 2005
25.418 2006
26.494 2007
27.011 2008
29.109 2009
22.068 2010
22.822 2011
23.397 2012
24.239 2013
21.876 2014
29.372 2015
24.389 2016
26.972 2017
28.416 2018
31.064 2019
25.335 2020
29.808 2021
26.623 2022
Luxembourg | Employment to population ratio, ages 15-24, male (%) (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 15-24 are generally considered the youth 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