Methodological Proposal for Compiling the ILO Unemployment with Monthly Periodicity

Development of methodology for deriving the monthly unemployment statistics directly from the quarterly Labour Force Survey (LFS) results by econometric modeling meets the requirements of insuring the information on short-term needed for employment policies, aiming to achieve the objectives of Europe 2020. Estimated monthly data series according to the methodology allow assessment of short-term trends in unemployment measured according to the criteria of the International Labour Organisation (ILO) in terms of comparability with European statistics.