2.1.3 employment and unemployment

• what is labour suppy?

  • the labour supply consists of all those who are economically active . an indivual is economical active if he or she is participating in the labour market by
  • currently working
  • actively seeking work
• who doesn’t qualify for the labour force?

  • disablity
  • full time student
  • prison
  • pension
• what is the claiment count?

  the claiment count is a head found of people who are claming the job seeker allowance
• what are the two measures of unemployment ?

  claimant count, LF
• how often are LFS survely conducted ?

  survery are done very month ,but comparisions are made every three months
• why cant people claim the jobs seekers allowance?

  • not old enough
  • having a certain level of savings
  • can only be claimed for six months
• what are the four types of unemplyment?

  • frictional(search unemoplyment)
  • structual
  • cyclical
  • seasonal