The concepts of employment and unemployment are most easily defined for a developed capitalist economy that has a market for wage labour. Employment is defined as working for at least one hour a week for some payment, either for a wage or for profit, or commission, or without pay in a family business. However, this definition usually excludes people (mainly women) who provide unpaid household services. Unemployment is defined in terms of not being employed while being available and looking for work. In less developed countries, where wage labour is not a predominant form of employment, the concept of unemployment becomes ‘fuzzy’: the line between employment in the informal sector (selling cigarettes on the street corners) and unemployment is not clearly defined (Turnham 1993). In most economies people may not ‘look for work’ when there are no obvious vacancies available and drop out of the labour force (i.e. the participation rate varies). Since the concept of unemployment may not be well defined labour economists sometimes use the concept of employment-population ratios (or the not-employed to population ratio).
Weitere Kapitel dieses Buchs durch Wischen aufrufen
Bitte loggen Sie sich ein, um Zugang zu diesem Inhalt zu erhalten
Sie möchten Zugang zu diesem Inhalt erhalten? Dann informieren Sie sich jetzt über unsere Produkte:
- Employment and Unemployment
P. N. Junankar
- Palgrave Macmillan UK
Neuer Inhalt/© Stellmach, Neuer Inhalt/© Maturus, Pluta Logo/© Pluta, digitale Transformation/© Maksym Yemelyanov | Fotolia