Definition: Full-time equivalent employment

Category: SNA 1993

Full-time equivalent employment is the number of fulltime equivalent jobs, defined as total hours actually worked by all employed persons divided by the average number of hours actually worked in full-time jobs (SNA 2008, § 19.43).

Full-time equivalent employment is the number of full-time equivalent jobs, defined as total hours worked divided by average annual hours worked in full-time jobs (SNA 1993, § 17.14 [15.102, 17.28]). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993