Adequacy of social protection and labor programs (% of total welfare of beneficiary households)

The evaluation of social protection and labor programs assesses the financial impact of these initiatives on households reliant on various forms of support such as social insurance and unemployment benefits. This metric quantifies the proportion of total household welfare—encompassing both overall income and expenditure—that can be traced back to these assistance programs. Beyond merely calculating direct benefits, this measure also captures the ripple effects on indirect beneficiaries, thereby providing a comprehensive insight into community resilience and economic stability. By highlighting how well these programs meet the needs of vulnerable populations, this indicator serves as a critical tool for policymakers aiming to enhance social welfare and inform future reforms in labor and social protection strategies. Source: