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Labor Stats: compare key data on Australia & Monaco

Definitions

  • GNI > Current LCU: GNI (current LCU). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
  • GNI > Current US$: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GNI > Current US$ per capita: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Hours worked > Standard workweek: Standard workweek (hours).
  • Labor force: The total labor force figure
  • Labor force participation > Employment to population ratio > Both sexes: Percentage of unemployed people out of total population able to work. Workers not able to work due to labor disputes, sickness and childcare do not count towards the percentage. 
  • Labor force participation > Employment to population ratio > Men: Percentage of unemployed men out of total male population able to work. Men not able to work due to labor disputes, sickness and childcare do not count towards the percentage.
  • Labor force participation > Employment to population ratio > Women: Percentage of unemployed women out of total female population able to work. Women not able to work due to labor disputes, sickness and childcare do not count towards the percentage.
  • Labor force participation rate > Employment-population ratio, men: Employment-to-population ratio, men, percentage.
  • Labor force participation rate > Employment-population ratio, women: Employment-to-population ratio, women, percentage.
  • Labor force per 1000: The total labor force figure. Figures expressed per thousand population for the same year.
  • Salaries and benefits > Hourly minimum wage: Hourly minimum wage at international USD (this means that discrepancies in purchasing power have been compensated for).
  • Salaries and benefits > Minimum wage: Minimum wage.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Unemployment > Youth unemployment, both sexes: Percentage of population aged 15-24 that is unemployed. 
  • Unemployment rate: The percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • Labor force > Per capita: The total labor force figure Per capita figures expressed per 1,000 population.
  • Net income from abroad > Current US$: Net income from abroad (current US$). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.
  • GNI per capita > Constant 2000 US$: GNI per capita (constant 2000 US$). GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars.
  • Unemployment > Youth unemployment, male: Percentage of male population aged 15-24 that is unemployed. 
  • Technicians in RandD > Per million people: Technicians in R&D and equivalent staff are people whose main tasks require technical knowledge and experience in engineering, physical and life sciences (technicians), or social sciences and humanities (equivalent staff). They participate in R&D by performing scientific and technical tasks involving the application of concepts and operational methods, normally under the supervision of researchers.
  • Unemployment, youth male > % of male labor force ages 15-24: Unemployment, youth male (% of male labor force ages 15-24). Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Unemployment, youth total > % of total labor force ages 15-24: Unemployment, youth total (% of total labor force ages 15-24). Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • GNI > Current US$, % of GDP: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Unemployment > Youth unemployment, female: Percentage of female population aged 15-24 that is unemployed.
  • Share of women employed in the nonagricultural sector > % of total nonagricultural employment: Share of women employed in the nonagricultural sector is the share of female workers in the nonagricultural sector (industry and services), expressed as a percentage of total employment in the nonagricultural sector. Industry includes mining and quarrying (including oil production), manufacturing, construction, electricity, gas, and water, corresponding to divisions 2-5 (ISIC revision 2) or tabulation categories C-F (ISIC revision 3). Services include wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social, and personal services-corresponding to divisions 6-9 (ISIC revision 2) or tabulation categories G-P (ISIC revision 3)."
  • Unemployment > Unemployment > Total > % of total labor force: Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Net income from abroad > Current LCU: Net income from abroad (current LCU). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.
  • Unemployment > Unemployment > Youth female > % of female labor force ages 15-24: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Unemployment > Unemployment > Youth total > % of total labor force ages 15-24: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Unemployment > Unemployment > Youth male > % of male labor force ages 15-24: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Net income from abroad > Current US$, % of GDP: Net income from abroad (current US$). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • GNI per capita > Current LCU: GNI per capita (current LCU). GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
  • Unemployment, youth female > % of female labor force ages 15-24: Unemployment, youth female (% of female labor force ages 15-24). Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Unemployment, female > % of female labor force: Unemployment, female (% of female labor force). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Net income from abroad > Current US$ per million: Net income from abroad (current US$). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Net income from abroad > Current LCU per million: Net income from abroad (current LCU). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency. Figures expressed per million population for the same year.
  • GNI > Current LCU per capita: GNI (current LCU). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency. Figures expressed per capita for the same year.
  • Unemployment, male > % of male labor force: Unemployment, male (% of male labor force). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Unemployment, total > % of total labor force: Unemployment, total (% of total labor force). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
STAT Australia Monaco HISTORY
GNI > Current LCU 1.43 trillion
Ranked 77th. 303 times more than Monaco
4.72 billion
Ranked 174th.

GNI > Current US$ $1.48 trillion
Ranked 13th. 213 times more than Monaco
$6.92 billion
Ranked 138th.

GNI > Current US$ per capita $65,084.00
Ranked 5th.
$193,892.32
Ranked 1st. 3 times more than Australia

Hours worked > Standard workweek 38 hours
Ranked 178th.
39 hours
Ranked 175th. 3% more than Australia
Labor force 11.62 million
Ranked 38th. 264 times more than Monaco
44,000
Ranked 119th.

Labor force participation > Employment to population ratio > Both sexes 62.2%
Ranked 15th. 41% more than Monaco
44.1%
Ranked 79th.
Labor force participation > Employment to population ratio > Men 68.7%
Ranked 22nd. 23% more than Monaco
55.9%
Ranked 72nd.
Labor force participation > Employment to population ratio > Women 55.9%
Ranked 17th. 68% more than Monaco
33.2%
Ranked 68th.
Labor force participation rate > Employment-population ratio, men 68.7%
Ranked 22nd. 23% more than Monaco
55.9%
Ranked 72nd.
Labor force participation rate > Employment-population ratio, women 55.9%
Ranked 17th. 68% more than Monaco
33.2%
Ranked 68th.
Labor force per 1000 526.62
Ranked 24th.
1,301.47
Ranked 1st. 2 times more than Australia

Salaries and benefits > Hourly minimum wage $10.63
Ranked 3rd. 13% more than Monaco
$9.43
Ranked 3rd.
Salaries and benefits > Minimum wage Most workers are covered by an award , which may vary by employee age, geographical location and industry. For adults not covered by an award or agreement, the minimum wages is A$ 16.37 per hour, A$622.20 per week; set federally by Fair Work Australia . Junior workers, apprentices and trainees not covered by an award each have a minimum wage level set nationally. url= http://service-public-particuliers.gouv.mc/Communiques2/SMIC-2013/SMIC-2014 |title=SMIC 2014 / SMIC 2013 / Communiqu\u00e9s / Service Public Particuliers- Monaco |language= (French) |publisher=Service-public-particuliers.gouv.mc |date= |accessdate=2014-03-04}}</ref>
Unemployment > Youth unemployment, both sexes 11.3%
Ranked 56th. 64% more than Monaco
6.9%
Ranked 64th.
Unemployment rate 5.1%
Ranked 75th.
22%
Ranked 4th. 4 times more than Australia

Labor force > Per capita 535.87 per 1,000 people
Ranked 26th.
1,353.85 per 1,000 people
Ranked 1st. 3 times more than Australia

Net income from abroad > Current US$ $-56,068,393,722.46
Ranked 162nd.
0.0
Ranked 50th.

GNI per capita > Constant 2000 US$ $36,031.53
Ranked 16th.
$126,599.40
Ranked 1st. 4 times more than Australia
Unemployment > Youth unemployment, male 11.9%
Ranked 53th. 80% more than Monaco
6.6%
Ranked 63th.
Technicians in RandD > Per million people 791.9 per million people
Ranked 3rd. 35 times more than Monaco
22.55 per million people
Ranked 39th.

Unemployment, youth male > % of male labor force ages 15-24 12.4%
Ranked 55th. 88% more than Monaco
6.6%
Ranked 71st.
Unemployment, youth total > % of total labor force ages 15-24 11.7%
Ranked 59th. 70% more than Monaco
6.9%
Ranked 72nd.
GNI > Current US$, % of GDP 97.09%
Ranked 98th.
100%
Ranked 55th. 3% more than Australia

Unemployment > Youth unemployment, female 10.8%
Ranked 55th. 46% more than Monaco
7.4%
Ranked 63th.
Share of women employed in the nonagricultural sector > % of total nonagricultural employment 46.8%
Ranked 37th. 19% more than Monaco
39.2%
Ranked 77th.
Unemployment > Unemployment > Total > % of total labor force 4.2%
Ranked 52nd. 17% more than Monaco
3.6%
Ranked 84th.
Net income from abroad > Current LCU -42,967,000,000
Ranked 116th.
0.0
Ranked 50th.

Unemployment > Unemployment > Youth female > % of female labor force ages 15-24 9.3%
Ranked 58th. 26% more than Monaco
7.4%
Ranked 68th.
Unemployment > Unemployment > Youth total > % of total labor force ages 15-24 9.4%
Ranked 56th. 36% more than Monaco
6.9%
Ranked 68th.
Unemployment > Unemployment > Youth male > % of male labor force ages 15-24 9.4%
Ranked 56th. 42% more than Monaco
6.6%
Ranked 67th.
Net income from abroad > Current US$, % of GDP -3.687%
Ranked 102nd.
0.0
Ranked 50th.

GNI per capita > Current LCU 63,114.36
Ranked 84th.
132,365.39
Ranked 73th. 2 times more than Australia

Unemployment, youth female > % of female labor force ages 15-24 11%
Ranked 60th. 49% more than Monaco
7.4%
Ranked 71st.
Unemployment, female > % of female labor force 5.3%
Ranked 62nd. 2% more than Monaco
5.2%
Ranked 76th.
Net income from abroad > Current US$ per million $-2,471,759,055.99
Ranked 158th.
0.0
Ranked 50th.

Net income from abroad > Current LCU per million -1,894,187,871.414
Ranked 103th.
0.0
Ranked 50th.

GNI > Current LCU per capita 63,114.36
Ranked 84th.
132,365.39
Ranked 73th. 2 times more than Australia

Unemployment, male > % of male labor force 5.2%
Ranked 60th. 2 times more than Monaco
2.5%
Ranked 95th.
Unemployment, total > % of total labor force 5.2%
Ranked 65th. 44% more than Monaco
3.6%
Ranked 91st.

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries) ("Country Reports on Human Rights Practices for 2013" . State.gov . Retrieved 2014-03-04 .); CIA World Factbooks 18 December 2003 to 28 March 2011; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables; United Nations Statistics Division Original html; United Nations Statistics Division Original html; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries); United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables; World Development Indicators database; International Labour Organization, Key Indicators of the Labour Market database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; United Nations Statistics Division. Source tables; International Labour Organisation, Key Indicators of the Labour Market database.

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