DP2 Flashcards

1
Q

ABS labour force survey of changing labour market conditions
Indicators may include

A
  • Size / growth of labour force made up of both employed / unemployed
  • Number of persons employed
  • Number of persons unemployed / unemployment rate
  • Number of persons underemployed / underemployment rate
  • Labour force participation rate
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2
Q

LABOUR FORCE SIZE COMPOSITION

A

LABOUR FORCE SIZE COMPOSITION = all individuals aged 15 or over employed / unemployed

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3
Q

number of people employed

A
  • Aged over 15
  • working full time / part time
  • have a job but may prevented from working due to illness, strikes, holidays or other interruptions.
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4
Q

Number of people unemployed

A
  • Aged over 15
  • Actively looking for full / part work but unable to find
  • Able / willing to take up job in week prior to survey period.
  • Those waiting to resume work after being laid off / stood down without pay
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5
Q
A
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