Unemployment

Question 1

Unemployment

Question 2

Strict def of Unemployment

Answer 2

persons who are 15 years or older, are not paid employment or self-employed, were available during the seven days preceding the interview and took steps i past 4 weeks to find employment

Question 3

Broad def of unemployment

Answer 3

persons who are 15 years or older, are not paid employment or self-employed and were available during the seven days preceding the interview.

Question 4

Frictional unemployment

Answer 4

Unemployed due to the time it takes to find a job or move from job to job.

Question 5

Seasonal unemployment

Answer 5

Unemployed due to particular jobs that require workers for certain parts of the year.

Question 6

Cyclical unemployment

Answer 6

unemployed due to slump or recession within the economy

Question 7

Structural unemployment

Answer 7

Unemployed due confusion between qualifications and job requirements or changes in the economy

Question 8

Stagflation

Answer 8

When inflation and unemployment rise at the same time

Question 9

Incomes policy

Answer 9

Government intervention to determine wages and prices