2.1.3 (a-c) Unemployment Flashcards
What is the ILO?
ILO (International Labour Organization): A UN agency that sets global labor standards and measures unemployment using the Labour Force Survey.
Counts people as unemployed if they have no job, are actively seeking work, and are available to start within two weeks.
Different from the Claimant Count, which only includes benefit claimants.
What is the LFS?
Labour force survey - an internationally standardised survery to provide info on the labour market in the UK.
What is the claimant count?
Claimant count:
● The Claimant Count is the number of people receiving benefits for being
unemployed. It provides the number of claimants on particular day each month and
the numbers joining and leaving the count each month.
what are the main employment measurers critics?
both underestimate the figure as they do not include those:
* Working part time but would like to work full time
* On government training schemes who would prefer employment
classed as sick or disabled
* Who aren’t actively looking for jobs but would take a job if offered or are in education because they can’t get a job