Unemployment

Question 1

Labour force

Answer 1

1. Above 15 years old (in Singapore)
2. Willing and able to work
3. Economically active

Question 2

Unemployed

Answer 2

1. Without work
2. Working age
3. Willing and able to work
4. Actively seeking employment

Question 3

Factors affecting rate of unemployment

Answer 3

1. Size of labour force
2. Composition of labour force
   Education
   Age
   Experience
   Skills
3. Labour productivity
   Output per man-hour