Employment Flashcards
1
Q
Who are the People that are not seeking work
A
Retirees
Students
Carers
2
Q
How does the government measure unemployment
A
Claimant count
Labour force survey
3
Q
Why does the labour force survey give higher figures than the claimant count
A
Not everyone seeking work will be claiming benefits
4
Q
What are the types of unemployment
A
Voluntary Seasonal Frictional Structural Technological Cyclical
5
Q
What type of unemployment is not harmful to the economy and why
A
Frictional unemployment because there are different people unemployed at different times
6
Q
Consequences of unemployment
A
Labour resources not used to full capacity Lower living standards Cost to taxpayers Derelict areas Budget defecit
