×
Marshall Islands

Marshall Islands Labor Stats

Definitions

  • 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$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Hours worked > Standard workweek: Standard workweek (hours).
  • Labor force: The total labor force figure
  • Labor force > By occupation: Component parts of the labor force by occupation.
  • Labor force > By occupation > Agriculture: This entry lists the percentage distribution of the labor force by occupation. The distribution will total less than 100 percent if the data are incomplete.
  • Labor force > By occupation > Industry: This entry lists the percentage distribution of the labor force by occupation. The distribution will total less than 100 percent if the data are incomplete.
  • Labor force > By occupation > Services: This entry lists the percentage distribution of the labor force by occupation. The distribution will total less than 100 percent if the data are incomplete.
  • Labor force per 1000: The total labor force figure. Figures expressed per thousand population for the same year.
  • Net income from abroad > Current US$ 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.
  • Rigidity of employment index > 0=less rigid to 100=more rigid: The rigidity of employment index measures the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This index is the average of three subindexes: a difficulty of hiring index, a rigidity of hours index, and a difficulty of firing index. The index ranges from 0 to 100, with higher values indicating more rigid regulations."
  • 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.
STAT AMOUNT DATE RANK HISTORY
GNI > Current US$ $219.20 million 2012 174th out of 176
GNI > Current US$ per capita $4,170.87 2012 95th out of 176
Hours worked > Standard workweek 40 hours 2014 94th out of 183
Labor force 14,680 2000 52nd out of 55
Labor force > By occupation agriculture 21.4%, industry 20.9%, services 57.7% 2006
Labor force > By occupation > Agriculture 21.4% 2000 15th out of 24
Labor force > By occupation > Industry 20.9% 2000 9th out of 20
Labor force > By occupation > Services 57.7% 2000 9th out of 21
Labor force per 1000 281.44 2000 46th out of 49
Net income from abroad > Current US$ per million $700.22 million 2012 12th out of 163
Rigidity of employment index > 0=less rigid to 100=more rigid 0.0 2009 167th out of 172
Salaries and benefits > Hourly minimum wage $5.19 2012 21st out of 148
Salaries and benefits > Minimum wage US$ 2.00 per hour for government and private sector employees. 2014
Unemployment > Youth unemployment, both sexes 63.4% 1999 2nd out of 79
Unemployment rate 36% 2006 2nd out of 94

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; All CIA World Factbooks 18 December 2003 to 18 December 2008; 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.; World Bank, Doing Business project (http://www.doingbusiness.org/).; Wikipedia: List of minimum wages by country (Countries); United Nations Statistics Division. Source tables

Citation

"Marshall Islands Labor Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Marshall-Islands/Labor

NationMaster

Marshall Islands Labor Profiles (Subcategories)

Employees 3 Net income from abroad 3
GNI 3 One-person and family businesses 3
Labor force 4 Unemployment 6