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Employed students are counted as employed, and therefore part of the workforce.
Unemployed students are counted as students, and thus not in the workforce.
Underemployed students are counted as employed (and thus in the work force) for the fraction of their time they are employed and students (and therefore not in the workforce) for the fraction of their time they are not employed.
The net result is to synthetically lower the reported unemployment rate for 16-25 yr-olds, in the same way various retirement programmes synthetically lower the rate for 50+ yr-olds (you are less likely to go into retirement if you have job prospects, so some early retirees would have not retired if there had been jobs available).
- Jake Friends come and go. Enemies accumulate.
There, Danish under-25 inactivity is cited at less than 30%, which means, not only that a lot of students also have jobs, but that the fact is carefully recorded.
France, otoh, shows the reverse (not in the chart, but the numbers are well-known): around 70% under-25 inactivity - as if no students had a job, which is simply not the case. INSEE says that their Labour Force Survey counts students with jobs in the workforce. Something is going wrong in the recording process?
The ability to tie all public in- and out-flows of funds (and births, and deaths, and hospitalisations, and crime, and changes of residence) to a particular personal or commercial identification code makes the Danish statistical service scarily accurate.
INSEE says that their Labour Force Survey counts students with jobs in the workforce. Something is going wrong in the recording process?
If they count the same way the Danish statistical service does, a student who works 5 hours a week is recorded as 14 % active. So if all students worked 5 hours a week and 15-20 % of the age group were not students or otherwise outside the labour force, you'd get around 30 % labour force participation rate.
Re Denmark, wow, I didn't realize it was that efficient.
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