Chapter 20- employment Flashcards

1
Q

employment

A

means being economically active normally in a paid role (or self employment)

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2
Q

unemployed

A

is when someone of working age and available for work doesn’t have a job

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3
Q

underemployment

A

when people want full time work but can only find part time for example

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4
Q

Structural unemployment

A

occurs when demand for the product is falling because of changing consumer preferences or competition from imports or newer products makes skills of workforce redundant.

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5
Q

technological unemployment

A

occurs when labour saving equipment and other new techniques reduce the need for labour

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6
Q

geographical mobility

A

refers to the ability of workers to move from one area to another.

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7
Q

seasonal unemployment

A

varies throughout the year

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8
Q

frictional unemployment

A

occurs when people have left one job and take a short time to find another

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9
Q

solutions for structural unemployment

A
govt. spending on infrastructure 
cuts in job seeker allowance
higher min wage
lower min wage
grants for training
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