Unemployment Flashcards
1
Q
What is the unemployment definition
A
The unemployed could consist of those of working age who are willing and able to work, actively seeking work but who do not have a job
2
Q
What can the Labour Force Survey work out
A
The number employed, unemployed and economically inactive
3
Q
What is unemployment rate equation
A
Unemployed
Unemployment= —————— x100
Economically active
4
Q
Where issues with the claimant count
A
Difficult to compare between countries
Not everyone will claim
Not everyone can claim
Could be subject to fraud
5
Q
What are evaluation for the Labour Force Survey
A
Sampling errors
Cost
Hidden unemployed
Inactive groups
The under-employed
Disparities
