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Labor Stats: compare key data on Monaco & United States

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. 
  • 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, 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: 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.
  • 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)."
  • 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, 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.
  • 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.
  • Labor force > Note: This entry contains the total labor force figure.
  • 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.
  • 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.
  • Unemployment > Youth unemployment, female: Percentage of female population aged 15-24 that is unemployed.
  • 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, 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 Monaco United States HISTORY
GNI > Current LCU 4.72 billion
Ranked 174th.
16.51 trillion
Ranked 27th. 3496 times more than Monaco

GNI > Current US$ $6.92 billion
Ranked 138th.
$16.51 trillion
Ranked 2nd. 2387 times more than Monaco

GNI > Current US$ per capita $193,892.32
Ranked 1st. 4 times more than United States
$52,608.35
Ranked 8th.

Hours worked > Standard workweek 39 hours
Ranked 175th.
40 hours
Ranked 108th. 3% more than Monaco
Labor force 44,000
Ranked 119th.
154.9 million
Ranked 4th. 3520 times more than Monaco

Labor force participation > Employment to population ratio > Both sexes 44.1%
Ranked 79th.
58.4%
Ranked 34th. 32% more than Monaco

Labor force participation > Employment to population ratio > Men 55.9%
Ranked 72nd.
63.9%
Ranked 38th. 14% more than Monaco

Labor force participation > Employment to population ratio > Women 33.2%
Ranked 68th.
53.2%
Ranked 22nd. 60% more than Monaco

Labor force participation rate > Employment-population ratio, men 55.9%
Ranked 72nd.
63.9%
Ranked 38th. 14% more than Monaco

Labor force participation rate > Employment-population ratio, women 33.2%
Ranked 68th.
53.2%
Ranked 22nd. 60% more than Monaco

Labor force per 1000 1,301.47
Ranked 1st. 3 times more than United States
500.77
Ranked 33th.

Salaries and benefits > Hourly minimum wage $9.43
Ranked 3rd. 30% more than United States
$7.25
Ranked 13th.
Salaries and benefits > Minimum wage url= http://service-public-particuliers.gouv.mc/Communiques2/SMIC-2013/SMIC-2014 |title=SMIC 2014 / SMIC 2013 / Communiqu\u00e9s / Service Public Particuliers- Monaco |language= (French) |publisher=Service-public-particuliers.gouv.mc |date= |accessdate=2014-03-04}}</ref> The federal minimum wage in the United States is US$ 7.25 per hour. States may also set a minimum, in which case the higher of the two is controlling; some territories are exempt and have lower rates.
Unemployment > Youth unemployment, both sexes 6.9%
Ranked 64th.
17.3%
Ranked 42nd. 3 times more than Monaco

Unemployment rate 22%
Ranked 4th. 2 times more than United States
9.7%
Ranked 31st.

Labor force > Per capita 1,353.85 per 1,000 people
Ranked 1st. 3 times more than United States
508.4 per 1,000 people
Ranked 42nd.

Net income from abroad > Current US$ 0.0
Ranked 50th.
$269.90 billion
Ranked 1st.

GNI per capita > Constant 2000 US$ $126,599.40
Ranked 1st. 3 times more than United States
$46,084.41
Ranked 6th.

Unemployment > Youth unemployment, male 6.6%
Ranked 63th.
18.7%
Ranked 32nd. 3 times more than Monaco

Unemployment > Unemployment > Youth female > % of female labor force ages 15-24 7.4%
Ranked 68th.
9.4%
Ranked 57th. 27% more than Monaco

Unemployment > Unemployment > Youth total > % of total labor force ages 15-24 6.9%
Ranked 68th.
10.5%
Ranked 51st. 52% more than Monaco

Unemployment > Unemployment > Youth male > % of male labor force ages 15-24 6.6%
Ranked 67th.
11.6%
Ranked 47th. 76% more than Monaco

Net income from abroad > Current US$, % of GDP 0.0
Ranked 50th.
1.72%
Ranked 20th.

GNI per capita > Current LCU 132,365.39
Ranked 73th. 3 times more than United States
52,608.35
Ranked 90th.

Unemployment, female > % of female labor force 5.2%
Ranked 76th.
7.9%
Ranked 44th. 52% more than Monaco

Net income from abroad > Current US$ per million 0.0
Ranked 50th.
$859.79 million
Ranked 9th.

Net income from abroad > Current LCU 0.0
Ranked 50th.
269.9 billion
Ranked 6th.

Share of women employed in the nonagricultural sector > % of total nonagricultural employment 39.2%
Ranked 77th.
47.4%
Ranked 31st. 21% more than Monaco

GNI > Current LCU per capita 132,365.39
Ranked 73th. 3 times more than United States
52,608.35
Ranked 90th.

Unemployment, youth male > % of male labor force ages 15-24 6.6%
Ranked 71st.
17.6%
Ranked 38th. 3 times more than Monaco

Unemployment, youth total > % of total labor force ages 15-24 6.9%
Ranked 72nd.
16.2%
Ranked 49th. 2 times more than Monaco

Unemployment, youth female > % of female labor force ages 15-24 7.4%
Ranked 71st.
14.7%
Ranked 49th. 99% more than Monaco

Labor force > Note includes workers from all foreign countries (2005 est.) includes unemployed
Net income from abroad > Current LCU per million 0.0
Ranked 50th.
859.79 million
Ranked 19th.

Unemployment > Unemployment > Total > % of total labor force 3.6%
Ranked 84th.
5.8%
Ranked 43th. 61% more than Monaco

Unemployment > Youth unemployment, female 7.4%
Ranked 63th.
15.7%
Ranked 47th. 2 times more than Monaco

GNI > Current US$, % of GDP 100%
Ranked 55th.
105.29%
Ranked 12th. 5% more than Monaco

Unemployment, male > % of male labor force 2.5%
Ranked 95th.
8.2%
Ranked 38th. 3 times more than Monaco

Unemployment, total > % of total labor force 3.6%
Ranked 91st.
8.1%
Ranked 37th. 2 times more than Monaco

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; International Labour Organisation, 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.; International Labour Organization, Key Indicators of the Labour Market database.; United Nations Statistics Division. Source tables

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