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> Why is this hard? Because these vary. What is employment? Does sitting at home creating an app that could have future rewards employment? Possibly. The l
by zhte415 12y ago
> Why is this hard?
Because these vary. What is employment? Does sitting at home creating an app that could have future rewards employment? Possibly.
The labour force varies according to factors including living costs, available prospect of work, potential compensation, and many other factors. For example, a new plant in a town offering part time work could encourage stay at home parents to take a part time job - while not previously unemployed (chose not to participate in employment) they are now employed. Vice versa, for example, a sudden decline in living costs could encourage a fall in workforce participation.
Then there is the unreported number of jobs, which tend to be picked up be census rather than tax receipts.
People create jobs, jobs don't create people (well, kinda inverse, as better incomes sometimes or often lead to lower birth rates, but that's a tangent). It is not a process of children's puzzles where blocks are put into holes, and after the box is full no more blocks can be inserted.
If someone doesn't want to be employed, they're not unemployed, this is a definition of (un)employment, and the distinction is important. When employed but not reporting this through any important means, this is also important. Measuring this is hard.