kokonaistyövoiman

Kokonaistyövoiman refers to the total number of individuals who are either employed or unemployed but actively seeking employment within a given economy. This metric is a fundamental indicator of the labor market's health and size. It encompasses everyone who is considered part of the labor force, regardless of their current employment status.

The calculation of kokonaistyövoiman typically involves summing the number of employed persons with the number of unemployed persons who meet specific criteria for job searching. Employed individuals are those who have worked for at least one hour in the reference week, or who were temporarily absent from their jobs. Unemployed individuals are those who are not employed, have actively looked for work in the preceding four weeks, and are available to start work immediately.

Understanding kokonaistyövoiman is crucial for economists, policymakers, and businesses. It provides context for unemployment rates, as the unemployment rate is calculated as a percentage of the kokonaistyövoiman. A growing kokonaistyövoiman can indicate an expanding economy with more people entering the workforce, while a shrinking one might suggest demographic shifts or other economic factors at play. This metric helps in analyzing labor supply trends and formulating effective labor market policies.