International Labour Organization unemployment measure

International Labour Organization unemployment measure

see UNEMPLOYMENT.

International Labour Organization (ILO) unemployment measure

a measure of UNEMPLOYMENT that is based on the number of people reporting that they are ‘out of work but actively seeking a job’ in an employment survey.

In the UK, a LABOUR FORCE SURVEY is carried out in which approximately 120,000 people over the age of 16 are interviewed and classified into three categories: in employment, ILO unemployed, or economically inactive. ‘ILO unemployment’ is defined as ‘people currently out of work but who have actively sought work in the previous four weeks and are available to start work in the next fortnight, and people currently out of work but who have obtained a job which they will start in the next fortnight’. ‘In employment’ is defined as ‘people who undertake a minimum of one hour's paid work in a week, are on a training scheme operated by the government, undertake unpaid work for a family business or are temporarily away from their jobs (because they are ill or on holiday)’. ‘Economically inactive’ is defined as ‘people who are out of work but do not meet the criteria for ILO unemployment’.

The ILO unemployment measure is used internationally for comparative purposes. In 2004 (third quarter) the UK unemployment rate was calculated at 4.6% using this measure. Compare CLAIMANT COUNT UNEMPLOYMENT MEASURE.

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