The Measurement Toolkit: Indicators That Link Growth and Jobs
Monitor employment-to-population ratios, participation rates, unemployment and underemployment, and vacancy-to-unemployment trends. Together, they reveal whether demand for workers rises alongside economic advancements.
The Measurement Toolkit: Indicators That Link Growth and Jobs
Compare real wage growth with productivity gains and unit labor costs. When advancements lift productivity without wage growth, job quantity may rise while quality stagnates.