Page 62 - Niên giám

Unemployment rate: The indicator expressing the rate between
the number of unemployed persons and the labor force.

Unemployment rate = Number of unemployed persons × 100

(%) Labour force

Underemployed population is employed person who work less than

35 hours, are willing and ready to work to work additional hours, in the
reference week.

In which:

Willing to work additional hours, means that (i) they want to do
extra work to increase overtime; (ii) they want to replace one of the
current work being engaged in by another to be able to work overtime; (iii)
they want to increase overtime for one of the existing work, or a
combination of the three expectation above;

Ready to work additional hours means that in the reference time (a
week) if there are job opportunities, they are willing to work additional
hours immediately;

Work less than 35 hours, means that they have worked less than 35

hours during the reference week for all work done.
Underemployment rate is the indicator expressing the rate between

the number of underemployed persons and the employed person.

Formula:
Underemployment rate = Number of under-employed persons × 100
(%) Total number of employed persons

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