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Defining and Measuring Unmet Labour Demand

Author

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  • Farm, Ante

    (Swedish Institute for Social Research, Stockholm University)

Abstract

This paper first clarifies the distinction between vacancies as ‘job openings’ (recruitment processes), which are measured in traditional vacancy statistics, and vacancies as ‘unfilled jobs’ (unmet labour demand). It then presents a method of measuring unmet demand in enterprise surveys and illustrates this method with statistics from a new vacancy survey in Sweden.

Suggested Citation

  • Farm, Ante, 2003. "Defining and Measuring Unmet Labour Demand," Working Paper Series 1/2003, Stockholm University, Swedish Institute for Social Research.
    • Handle: RePEc:hhs:sofiwp:2003_001
    as

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    References listed on IDEAS

    as
    1. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
    2. Charles Holt & Martin David, 1966. "The Concept of Job Vacancies in a Dynamic Theory of the Labor Market," NBER Chapters, in: The Measurement and Interpretation of Job Vacancies, pages 73-110, National Bureau of Economic Research, Inc.
    3. Bent Hansen, 1970. "Excess Demand, Unemployment, Vacancies, and Wages," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(1), pages 1-23.
    4. Nber, 1966. "The Measurement and Interpretation of Job Vacancies," NBER Books, National Bureau of Economic Research, Inc, number unkn66-2, December.
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    Cited by:

    1. Ante FARM, 2020. "Measuring the effect of matching problems on unemployment," International Labour Review, International Labour Organization, vol. 159(2), pages 243-258, June.
    2. Farm, Ante, 2004. "A Theory of Vacancies," Working Paper Series 1/2005, Stockholm University, Swedish Institute for Social Research.

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    More about this item

    Keywords

    Job vacancies; unmet labour demand;

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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