SAM Flashcards
1
Q
What is the labour force
A
People over 15, able and willing to work.
2
Q
Australian Bureau of statistics
A
Australia’s national statistics agency
3
Q
Meaning of employed
A
A person over 15 that works more then one hour per week, and receive an income or profit.
4
Q
Meaning of unemployed
A
A person over 15 that does not have a paid job who is actively looking for work.
5
Q
What is the Labour force survey
A
A survey held by the ABS to measure the unemployment rate.
6
Q
Meaning of non labour force
A
People over 15, not working or seeking work.
7
Q
Current unemployment rate
A
4.0%
8
Q
A
