Monitoring Jobs and Inflation - Employment and unemployment

4 important questions on Monitoring Jobs and Inflation - Employment and unemployment

Why is unemployment a problem?

It results in: Lost in incomes, production and human capital

What are the three labour market indicators?

  1. The unemployment rate
  2. The employment rate
  3. The economic activity rate

What is the employment rate?

The percentage of people of working age who have a job.

Number of people employed / Working-age populated x 100

  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

The natural unemployment is influenced by many factors which ones?

 

  1. The age distribution
  2. The scale of structural change
  3. The real wage rate
  4. Unemployment benefits

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo