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Labour underutilisation rate

11 September 2015
by admin

Labour underutilisation rate – A broader measure than the unemployment rate. The labour underutilisation rate includes in the numerator the unemployed, the marginally attached (i.e. persons not in the labour force who did not look for work during the past four weeks but who wish and are available to work) and the underemployed (full-time workers working less than usual during the survey reference week for economic reasons and part-time workers who wanted but could not find full-time work), expressed as a ratio of the labour force.

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