Trésor-Economics No. 239 - Lifetime worked hours in France
GDP per capita is calculated from the hourly productivity of labour and the average per capita volume of labour input. In its turn, the latter depends on the number of hours worked per year by persons in employment, the level of unemployment and the participation rate, which inter alia reflects the length of economically active life, between the ages of entry to and exit from the labour market.... Lire la suite