Unemployment and Employment Flashcards
Define unemployment
Someone who is able to work, wishes to work and is looking for work but cannot find a job
What is employment
The engagement of labour in the productive activity for which they receive a remuneration
Why do people move to certain areas (6)
Better economic opportunities
Employment opportunities
Better living conditions
Better climate
Access to water resources
Fertility of soil
What are the 3 classifications for someone being unemployed according to the StatsSA survey
Person did not work during the seven days prior to the survey
Person wants to work and is available to start work within a week of the survey
Person has taken active steps to look for work or start a business in the four weeks prior to the survey
What are the 4 types of unemployment
Frictional unemployment
Cyclical unemployment
Structural unemployment
Seasonal unemployment
What is Frictional unemployment
When a person is between jobs or is looking for a job for the first time. Supposed to be a short period of time
What is Cyclical unemployment
Result of cyclical changes or fluctuations of the economy. i.e. a recession
What is Structural unemployment
When the nature of the economy changes and the skills of the labour force do not match the needs of the economy or technology used
What is Seasonal unemployment
When workers in a particular occupation are only needed for part of the year. i.e. fruit-pickers are only needed during the harvest
What are characteristics of South Africa’s unemployment (Four)
Lack of education and correct skills
Young people are more likely to be unemployed
Gender
Race
What type of unemployment do we mostly have in South Africa
Structural unemployment
Why is the number of unemployed, unskilled workers increasing in South Africa
Due to structural changes in our economy
What are 3 structural changes that have taken place in the South African Economy
Mechanisation means machines do the work previously done by unskilled or low-skilled workers
Globalisation means that South Africa has to compete with other economies to produce goods and services
Primary sector is becoming less important
What are 4 causes of unemployment
Population Increase
Capital investment and mechanisation
Historic Reasons
Economic Cycles (Recession)
What are the 3 effects of unemployment
Poverty
Social Problems
Cost to the taxpayers