The application of the employment method for the exhaustiveness of GDP estimates – Practical guidelines for enhanced comparability between countries – 2024 edition

The employment method, also called the labour input method, is based on the confrontation between the supply and demand of labour in the economy. It can be used to make explicit exhaustiveness adjustments to GDP estimates, as well as to validate GDP. This paper provides practical guidelines for the individual elements of the employment method, to make its application more comparable between countries.