Gallup - Twenty-seven percent of the world’s adults were employed full time for an employer in 2011, according to Gallup’s new “Payroll to Population” metric. This new measure estimates the percentage of the entire 15 and older population — not just those currently in the workforce — who are employed full time for an employer for at least 30 hours per week. Worldwide, the Payroll to Population percentage was highest in Northern America, at 41%, and lowest in sub-Saharan Africa, at 12%. 
*
Adults who are self-employed, working part time, unemployed, or out of the workforce are not counted as payroll-employed in the Payroll to Population metric. Gallup finds this new measure of employment to be more strongly related to GDP per capita than any other employment metric, including unemployment, which is traditionally the gold standard employment measure but relates little to GDP
*Adults who are self-employed, working part time, unemployed, or out of the workforce are not counted as payroll-employed in the Payroll to Population metric. Gallup finds this new measure of employment to be more strongly related to GDP per capita than any other employment metric, including unemployment, which is traditionally the gold standard employment measure but relates little to GDP
Please continue reading at:
