Unemployed Worker Population
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An Unemployed Worker Population is an employee population composed of unemployed workers.
- Context:
- It can be measured by an Unemployment Population Size, an Unemployment Rate, ...
- It can range from being a Young Unemployed Person Population, to being a Middle-Aged Unemployed Person Population to being a Older Unemployed Person Population.
- It can range from being a Long-Term Unemployed Population to being a Short-Term Unemployed Population.
- It can range from being a Unemployed Population with Discouraged Workers to being a Unemployed Population without Discouraged Workers.
- It can range from being a Unemployed Population with Marginally Attached Workers to being a Unemployed Population without Marginally Attached Workers.
- a Young Worker Unemployed Population.
- They can range from being a Frictionally Unemployed Population to being a Cyclically Unemployed Population to being a Structurally Unemployed Population.
- Example(s):
- Counter-Example(s):
- an Employed Population, such as an employee population.
- an Underemployed Population.
- a Jobs Population.
- See: Inactive Population, Economically Active Population.
References
2014
- http://www.economist.com/blogs/economist-explains/2014/08/economist-explains-8
- Economists often refer to three types of unemployment: “frictional", “cyclical” and “structural”. Cold-hearted economists are not too worried about the first two, which refer to people moving between jobs and those temporarily laid-off during a downturn. The third kind refers to people who are excluded — perhaps permanently — from the labour market. In econo-speak, structural unemployment refers to the mismatch between the number of people looking for jobs and the number of jobs available. It is bad news both for those who suffer from it and for the society in which they live. People out of work for long periods tend to have poorer health than average. The structurally unemployed also squeeze social-security budgets.
2013
- U.S. Bureau of Labor Services. (2013). “Alternative Measures of Labor Underutilization for States, 2013 Annual Averages]] http://www.bls.gov/lau/stalt.htm
- QUOTE: Six alternative measures of labor underutilization have long been available on a monthly basis from the Current Population Survey (CPS) for the United States as a whole. They are published in the Bureau of Labor Statistics' monthly Employment Situation news release. (See table 15.) The official concept of unemployment (as measured in the CPS by U-3 in the U-1 to U-6 range of alternatives) includes all jobless persons who are available to take a job and have actively sought work in the past four weeks. This concept has been thoroughly reviewed and validated since the inception of the CPS in 1940. The other measures are provided to data users and analysts who want more narrowly (U-1 and U-2) or broadly (U-4 through U-6) defined measures.
BLS is committed to updating the alternative measures data for states on a 4-quarter moving-average basis. The use of 4-quarter averages increases the reliability of the CPS estimates, which are based on relatively small sample sizes at the state level, and eliminates seasonality. Due to the inclusion of lagged quarters, the state alternative measures may not fully reflect the current status of the labor market. The analysis that follows pertains to the 2013 annual averages. Data are also available for prior time periods back to 2003.
The six state measures are based on the same definitions as those published for the United States:
- U-1, persons unemployed 15 weeks or longer, as a percent of the civilian labor force;
- U-2, job losers and persons who completed temporary jobs, as a percent of the civilian labor force;
- U-3, total unemployed, as a percent of the civilian labor force (this is the definition used for the official unemployment rate);
- U-4, total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers;
- U-5, total unemployed, plus discouraged workers, plus all other marginally attached workers, as a percent of the civilian labor force plus all marginally attached workers; and
- U-6, total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.
- QUOTE: Six alternative measures of labor underutilization have long been available on a monthly basis from the Current Population Survey (CPS) for the United States as a whole. They are published in the Bureau of Labor Statistics' monthly Employment Situation news release. (See table 15.) The official concept of unemployment (as measured in the CPS by U-3 in the U-1 to U-6 range of alternatives) includes all jobless persons who are available to take a job and have actively sought work in the past four weeks. This concept has been thoroughly reviewed and validated since the inception of the CPS in 1940. The other measures are provided to data users and analysts who want more narrowly (U-1 and U-2) or broadly (U-4 through U-6) defined measures.