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AM01035 Labour force and employed 16-66 years by sex and region (2005-2020)

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The age bracket 16-66 years coincides with the labour force the monthly unemployment statistics is based on.
The labour force figures are made in accordance with standards of the International Labour Organisation under UN. This ensures that the figures are comparable with similar figures from other countries. The data is compiled from public registers where employed, selv-employed and unemployed are identified. The about 5,000 persons not found in the registers are estimated by surveying 1,000 on them. The labour force survey is conducted in November each year estimating labour force status in the week containing 15 November.
In the survey all that worked for more than 1 hour in the reference week are counted as employed even if remunerated in kind. Those not working are counted as unemployd if they actively seek employment and are availabe for work within 2 weeks.
Before 2015 the data were not registerbased, but relied solely on surveying the full population 15-74 years.
The unemployment percentages in this survey are not comparable with other unemployment percentages from Statistics Faroe Islands which are based on records from the Unemployment insurance system (ALS) and the Social Affairs office.


The figures for 2015-2019 were corrected in 2020



The 2014 figures are estimated