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Economics
macro
Unemployment
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Cards (8)
Claimant count
The method of measuring
unemployment
according to the number of people who are claiming unemployment benefits
Cyclical unemployment
Unemployment caused by a lack of
demand
in the economy
Frictional unemployment
Unemployment caused by the
time lag
between jobs
Seasonal unemployment
Unemployment caused by the fall in
demand
during a
particular season
Structural unemployment
Unemployment caused by a permanent decline in an
industry
Employment
The use of
labour
in the economy to produce goods and services
Level of unemployment
The number of people in the
working population
who are
unemployed
Unemployment
When workers are
willing and able
to work but are unable to find employment
despite
an active search
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