HES: QUERY--Origin of the concept of active population
Laurent GUERBY
laurent at guerby.net
Fri Jan 5 14:27:28 EST 2007
Hi,
Out of curiosoty, I've been trying to find out when in the history of
economics the concept of active population as a denominator for the
unemployment ratio started being used vs the more natural complement to
employed to population ratio.
As everyone should now, current unemployment data doesn't mean much, eg:
at the end of Q4 2004, for male aged 25 to 54, standardized unemployment
as measured by OECD was 4.6% in the USA and 7.4% in France. For the same
group, the employment to population ratio was 86.3% in the USA and ...
86.7% in France. So 60% higher unemployment together more people working
in the group, not really representative of what one could think reading
only the unemployment data.
Thanks in advance for any help,
Laurent GUERBY
More information about the HES
mailing list