Unemployment

Question 1

Total population

Answer 1

Either part of the labour force or economically inactive

Question 2

Labour force

Answer 2

Employed people and unemployed people - People of working age who are willing and able to work

Question 3

Economically inactive

Answer 3

Not in the labour force or under 16/over 67 (retired)

Question 4

Discouraged workers

Answer 4

People that have given up active search for work(Unemployed workers can become discouraged and become part of those not in the labour force)

Question 5

Vacancies

Answer 5

Number of registered jobs available but not yet filled

Question 6

Working population

Answer 6

Population of working age (16-67)

Question 7

Participation rate

Answer 7

% of working population who are in the labour force

Question 8

Unemployment rate

Answer 8

The percentage of the total labour force who do not have work currently but are actively seeking work

Question 9

Labour force survey

Answer 9

This is obtained by the ONS (Office of national statistics). Takes a sample of the population and interviews them about household circumstances, health, employment status and education. If working or actively seeking work, they get added to the count

Question 10

Strengths of labour force survey

Answer 10

Its an international standard for measuring employment

Question 11

Weaknesses of labour force survey

Answer 11

Its costly
Not updated regularly
Sample only (44,000 out of 67 million)

Question 12

Claimant count

Answer 12

Number of people of people claiming jobseekers allowance

Question 13

Jobseekers allowance

Answer 13

Unemployment benefit to assist those while looking for work

Question 14

Strengths of claimant count

Answer 14

Easy to obtain data
No cost in collecting data
Always current (updated every month)

Question 15

Weaknesses of claimant count

Answer 15

Possibly not the most accurate in determining those seeking employment because it doesn’t include those looking for work and not able to claim JSA