employment and unemployment

Question 1

define unemployment

Answer 1

those who are willing and able to work but are not currently employed

Question 2

how does the claimant count measure unemployment

Answer 2

records the number of people who have claimed job seekers allowance (includes over 18s)

Question 3

how does the labour force survey measure unemployment

Answer 3

counts those out of work in last 4 weeks and ready to start in next 2 weeks (includes over 16s)

Question 4

define underemployment

Answer 4

worker is employed but wants to work more hours

Question 5

define unemployment

Answer 5

willing and able to work but is not currently working

Question 6

what factors affect rates of employment, unemployment and inactivity

Answer 6

school or compulsory training leaving age is now 18 (smaller work force however more likely to make them more employable)
number of school leavers in higher education (more in university however cost of university is rising)
level of net migration (difference between those coming in and leaving)

Question 7

define real wage unemployment

Answer 7

unemployed because they arent willing to work at that wage

Question 8

define cyclical unemployment

Answer 8

insufficient demand for workers due to economic downturn

Question 9

define structural unemployment

Answer 9

unemployment due to changes in an industry

Question 10

define frictional unemployment

Answer 10

workers moving from 1 job to another

Question 11

define seasonal unemployment

Answer 11

unemployment due to time of year (surfing instructor)