Press Release from Geneva:
The International Labour Organization (ILO) has launched a new statistics database containing timely information on the labour market and consumer prices aimed at providing vital information needed by policy makers faced with a global economic and social crisis.
The new database, Short Term Indicators of the Labour Market, was launched by the ILO Department of Statistics on World Statistics Day (20 October) and will be updated each month with the latest national data for indicators reflecting recent- and short-term changes on the labour market.
“Governments, employers’ organizations, trade unions, labour market analysts and the media can now count on an improved labour statistics tool, allowing them to better monitor, understand, and analyze the recent events in labour markets”, says Rafael Diez de Medina, Director of the ILO Department of Statistics.
The new database contains selected indicators for some 70 countries and territories that gather infra-annual information for the current year. In addition, 40 indicators are available disaggregated by sex.
The new service also includes an interactive map containing most of the data organized by country and topic. Country profiles provide a quick and accurate snapshot of each country’s labour market situation, while information organized by topic allows for cross-country comparison and global analysis. Data are collected in close contact with National Statistical Offices and the process has been optimized in order to extract the greatest amount of information in the shortest period of time.
Especially interesting is the inclusion of seasonally adjusted sectoral data. In the first case, official adjustments were compiled for countries which adjust their data and the ILO has adjusted the time series in the rest of the cases.
The information has passed through quality controls but is nonetheless subject to revisions that the countries may undertake in the future. Users can obtain a printable page with latest data and information can be downloaded to Excel files.