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Trade union Uasa concerned about increase in unemployment rate

Trade union Uasa concerned about increase in unemployment rate
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Newly launched employment index to focus on human capital formation

Trade union UASA and the Bureau of Market Research (BMR) have launched the UASA/BMR Employment Index, which tracks the employment performance of the economy and will be updated quarterly. The index tracks production elasticity of employment as an indicator of the strength of the relationship between gross domestic product (GDP) growth and employment creation, and the quality of labour supply to provide an indication of the growth in the value of human capital in the economically active population, among other subindices.

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