We try to operationalise Sen’s concept of the living standard using questionnaire data on the economic situation of the Belgian unemployed. We use factor analysis to reduce the number of basic functionings and to avoid possible overlap between them. The factors obtained can be interpreted in a natural and transparent way : they refer to social isolation, general feeling of happiness, physical functioning, microsocial contact, degree of activity and financial situation. Factor scores on these functionings are related in a meaningful way to the socioeconomic characteristics of the respondents.
