Why is this measurement important?
Unemployment is often associated with difficult living conditions, low socio-economic status, and health and social problems. Unemployed people tend to experience more health problems. Long-term unemployment could extend one's susceptibility to poor health.
Unemployment can lead to financial instability, stress, and decreased self-esteem and, accordingly, may have severe impacts on mental and physical health and overall well-being. As such, low rates of unemployment are indicative of population well-being.
How is this measured?
Number of Ontarians without work, who are available for work, and are actively seeking work versus the number of total number of working Ontarians.