What is an employment rate

Central terms

How do the unemployed differ from the unemployed?

The registered unemployed include all persons aged 15 and over who are registered with a regional employment agency:

  • who do not have a job and can be placed immediately, regardless of whether they receive unemployment benefits or not.

As Unemployed According to the ILO, people aged 15-74 are all who:

  • were not employed in the reference week
  • and who have been actively looking for work in the previous four weeks
  • and that would be available to take up an activity.

Due to the definitions, the number of unemployed according to the ILO is usually substantially higher than that of the registered unemployed.

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How is the employment rate calculated?

  • The Activity rate measures the share of all economically active persons (i.e. employed and unemployed) in the total population.
  • The employment rate is calculated as follows: the labor force divided by the reference population times 100.
  • Often the so-called Net employment rate used. This only takes into account people between the ages of 15 and 64.

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How is the employment rate calculated?

  • The Employment rate measures the proportion of the working population in relation to the total population.
  • The employment rate is calculated as follows: Employees divided by the reference population times 100.
  • Often the so-called Net employment rate used. This only takes into account people between the ages of 15 and 64.

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How are the unemployment rate and the unemployment rate defined?

  • The Unemployment rate is calculated as follows: Registered unemployed divided by the labor force multiplied by 100.
  • The Unemployment rate is calculated analogously: unemployed according to ILO divided by the labor force multiplied by 100.

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What are full-time equivalents?

  • Employment in full-time equivalents results from converting the volume of work (e.g. 20%) of employees into full-time employees (100%).
  • The number of full-time equivalents is calculated as follows: The number of hours worked by all employees divided by the normal hours worked by a full-time employee.
  • The number of full-time equivalents is therefore usually smaller than the number of employees.

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What is the difference between workplaces and companies?

  • A Workplace is a company located at a certain location (sole proprietorship) or part of a company (e.g. workshop, factory, shop, office, department, warehouse). One or more people work for the same company in this location.
  • A Companies is a legally independent unit that makes decisions on its own authority. The activity of a company is carried out in one or more workplaces.