Statistics on unemployment and supplementary measures of labour underutilization

The unemployment rate is probably the best-known labour market measure and is certainly one of the most widely quoted by the media. The unemployment rate is a useful measure of the underutilization of the labour supply. It reflects the inability of an economy to generate employment for those persons who want to work but are not doing so, even though they are available for employment and actively seeking work. 

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Other measures of labour underutilization recognized in the international statistical standards are time-related underemployment and the potential labour force.

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Avoiding unemployment is not enough

Discover the patterns around the world of unemployment and other forms of labour underutilization, including time-related underemployment, the potential labour force and over-education in Avoiding unemployment is not enough, the fourth issue of our series Spotlight on work statistics.

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World Employment and Social Outlook (WESO) – ILO flagship report

Discover the patterns around the world of unemployment and other forms of labour underutilization, including time-related underemployment, the potential labour force and over-education in Avoiding unemployment is not enough, the fourth issue of our series Spotlight on work statistics (released September 2018).