Labor Market Area
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Labor Market Area
A labor market area is a geographic area or region defined for purposes of compiling, reporting, and evaluating employment, unemployment, workforce availability, and related topics. It can be defined as an economically integrated region within which residents can find jobs within a reasonable commuting distance or can change their employment without changing their place of residence. Commuting flows are a primary consideration in defining and delineating labor market areas. The extent to which workers are willing and able to commute between two places indicates the degree of economic integration between those places. United States In the United States, the Bureau of Labor Statistics (BLS) maintains standard definitions of labor market areas for the purpose of standardization and to promote comparability of the labor force information used by various government programs. Definitions are updated annually, and the entire system of definitions is reevaluated once each decade based on ...
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Employment
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an endea ...
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Statistical Area (United States)
The United States federal government defines and delineates the nation's metropolitan areas for statistical purposes, using a set of standard statistical area definitions. the U.S. Office of Management and Budget (OMB) defined and delineated 392 metropolitan statistical areas (MSAs) and 547 micropolitan statistical areas (μSAs) in the United States and Puerto Rico. Many of these 939 MSAs and μSAs are, in turn, components of larger combined statistical areas (CSAs) consisting of adjacent MSAs and μSAs that are linked by commuting ties; 551 metropolitan and micropolitan areas are components of the 175 defined CSAs. A collective term for MSAs, μSAs, and CSAs is primary statistical areas (PSAs), though that term is not used by OMB. Metropolitan and micropolitan statistical areas are defined as consisting of one or more adjacent counties or county equivalents with at least one urban core area meeting relevant population thresholds, plus adjacent territory that has a high degr ...
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Workforce
The workforce or labour force is a concept referring to the Pooling (resource management), pool of human beings either in employment or in unemployment. It is generally used to describe those working for a single types of companies, company or Industry (economics), industry, but can also apply to a geographic region like a city, state, or country. Within a company, its value can be labelled as its "Workforce in Place". The workforce of a country includes both the employed and the unemployed (labour force). Formal and informal Formal labour is any sort of employment that is structured and paid in a formal way.Seager, Joni. 2008. The Penguin Atlas of Women in the World. 4th ed. New York: Penguin Books. Part 5 Unlike the informal sector of the economy, formal labour within a country contributes to that country's gross national product. Informal labour is labour that falls short of being a formal arrangement in law or in practice. It can be paid or unpaid and it is always unstruct ...
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Unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * new technology, technologies and inventions * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * Policy, policies of the government * regulation and market (economics), market Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can influ ...
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Economic Geography
Economic geography is the subfield of human geography which studies economic activity and factors affecting them. It can also be considered a subfield or method in economics. There are four branches of economic geography. There is, primary sector, Secondary sector, Tertiary sector, & Quaternary sector. Economic geography takes a variety of approaches to many different topics, including the location of industries, economies of agglomeration (also known as "linkages"), transportation, international trade, development, real estate, gentrification, ethnic economies, gendered economies, core-periphery theory, the economics of urban form, the relationship between the environment and the economy (tying into a long history of geographers studying culture-environment interaction), and globalization. Theoretical background and influences There are varied methodological approaches. Neoclassical location theorists, following in the tradition of Alfred Weber, tend to focus on industria ...
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Labor Geography
Labor geography is a sub-discipline of human geography and economic geography that deals with the spatial relationships and geographic trends within labor and political systems. See also * Labor market area Further reading * * Human geography Economic geography Geography Geography (from Greek: , ''geographia''. Combination of Greek words ‘Geo’ (The Earth) and ‘Graphien’ (to describe), literally "earth description") is a field of science devoted to the study of the lands, features, inhabitants, and ...
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Metropolitan Area
A metropolitan area or metro is a region that consists of a densely populated urban agglomeration and its surrounding territories sharing industries, commercial areas, transport network, infrastructures and housing. A metro area usually comprises multiple principal cities, jurisdictions and municipalities: neighborhoods, townships, boroughs, cities, towns, exurbs, suburbs, counties, districts, as well as even states and nations like the eurodistricts. As social, economic and political institutions have changed, metropolitan areas have become key economic and political regions. Metropolitan areas typically include satellite cities, towns and intervening rural areas that are socioeconomically tied to the principal cities or urban core, often measured by commuting patterns. Metropolitan areas are sometimes anchored by one central city such as the Paris metropolitan area (Paris) or Mumbai Metropolitan Region (Mumbai). In other cases metropolitan areas contain multiple centers ...
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Swiss Federal Statistical Office
The Federal Statistical Office (FSO) is a Federal agency of the Swiss Confederation. It is the statistics office of Switzerland, situated in Neuchâtel and attached to the Federal Department of Home Affairs. The Federal Statistical Office is the national service provider and competence centre for statistical observations in areas of national, social, economic and environmental importance. The FSO is the main producer of statistics in the country and runs the Swiss Statistics data pool. It provides information on all subject areas covered by official statistics. The office is closely linked to the national statistics scene as well as to partners in the worlds of science, business and politics. It works closely with Eurostat, the Statistics Office of the European Union, in order to provide information that is also comparable at an international level. The key principles upheld by the office throughout its statistical activities are data protection, scientific reliability, impar ...
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Eurostat
Eurostat ('European Statistical Office'; DG ESTAT) is a Directorate-General of the European Commission located in the Kirchberg, Luxembourg, Kirchberg quarter of Luxembourg City, Luxembourg. Eurostat's main responsibilities are to provide statistical information to the institutions of the European Union (EU) and to promote the harmonisation of statistical methods across its Member state of the European Union, member states and Enlargement of the European Union, candidates for accession as well as European Free Trade Association, EFTA countries. The organisations in the different countries that cooperate with Eurostat are summarised under the concept of the European Statistical System. Organisation Eurostat operates pursuant tRegulation (EC) No 223/2009 Since the swearing in of the von der Leyen Commission in December 2019, Eurostat is allocated to the portfolio of the European Commissioner for Economic and Financial Affairs, Taxation and Customs, European Commissioner for the Eco ...
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County (United States)
In the United States, a county is an administrative or political subdivision of a state that consists of a geographic region with specific boundaries and usually some level of governmental authority. The term "county" is used in 48 states, while Louisiana and Alaska have functionally equivalent subdivisions called parishes and boroughs, respectively. The specific governmental powers of counties vary widely between the states, with many providing some level of services to civil townships, municipalities, and unincorporated areas. Certain municipalities are in multiple counties; New York City is uniquely partitioned into five counties, referred to at the city government level as boroughs. Some municipalities have consolidated with their county government to form consolidated city-counties, or have been legally separated from counties altogether to form independent cities. Conversely, those counties in Connecticut, Rhode Island, eight of Massachusetts's 14 counties, and Alaska ...
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Unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * new technology, technologies and inventions * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * Policy, policies of the government * regulation and market (economics), market Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can influ ...
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