# Labor force

- Canonical URL: https://www.gerhardmerk.de/labor-force
- Post ID: 594303
- Modified: 2023-07-25T21:02:45+00:00
- Language: en

## Definition

Total number of employed and unemployed persons; reported for the euro area in the respective ECB Monthly Bulletin, annex "Euro area statistics", heading "Prices, output, demand and labor markets" and observed under the two-pillar principle. - This figure is very often (and by whom!) misunderstood, and then only employed persons are included. - See labor costs, compensation per capita, unemployment rate, fringe benefits, wage costs, minimum wage unemployment, potential growth. - Cf. Deutsche Bundesbank Monthly Report of April 2012, p. 23 (projection of labor supply in Germany until 2020). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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