Concept selected: Job
- Definition
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Is defined as an explicit or implicit contract between a person (who can live in other economic territory) and a resident institutional unit to perform work in return for compensation for a defined period or until further notice. Job concept differs from employment since a person (employment) can carry out more than a job; one after another, during a given period (usually a week), or in parallel, as it happens when someone has a job during the day and another one at night. For measuring labour input to domestic economic activity, only the residence of the producer institutional unit is relevant, because resident producers alone contribute to gross domestic product.
- Source
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Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 (SEC 2010)More information
- Topic
- Statistical operations (links to the Inventory of Statistical Operations)
- Concepts associated
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There are no related concepts