A Template for Analyzing and Projecting Labor Market Indicators

This note is a reference guide for the unemployment template, an econometric tool that allows researchers to analyze and project labor market indicators for any country with sufficient data coverage. Section I explains the motivation behind designing a new surveillance tool to study labor markets, and summarizes the key features of the template. Section II details the data inputs needed and their sources. Section III describes the methods used to estimate the employment-growth elasticity, a measure of the extent to which employment responds to output. Section IV outlines the medium-term outlook table and projection charts created by the template once the inputs are customized to generate an appropriate elasticity. Finally, Section V presents a discussion on how to interpret the results produced by the template, and of the issues that arise from projecting labor market indicators.
Publication date: September 2012
ISBN: 9781475522051
$10.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Arabic
English
French
Russian
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , labor market , unemployment rate , employment growth , unemployed , labor market outcomes , jobs , unemployment rates , labor market indicators , labor force projections , employment intensity , long-term employment , cyclical unemployment , labor force participation

Summary