Study sets matching "employment vocabulary unemployment"

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Study sets matching "employment vocabulary unemployment"

10 terms
Employment & Unemployment
Labour force
Labour force participation rate
Employment
Unemployment
Collectively, all people who are willing and able to work
Measure of the proportion of the population able to work who…
Where labour is actively engaged in a productive activity usu…
Measures the number of people who are able to work, but do no…
Labour force
Collectively, all people who are willing and able to work
Labour force participation rate
Measure of the proportion of the population able to work who…
8 terms
Employment and unemployment
Unemployment rate
Frictional unemployment
Seasonal unemloyment
Cyclical unemploymemt
Number unemployed/ workforce
When workers leave a job and spend time looking for a new one…
Tourism in because jn summer etc
When there is too little demand for a good or service
Unemployment rate
Number unemployed/ workforce
Frictional unemployment
When workers leave a job and spend time looking for a new one…
Employment and Unemployment
Full time
Part time
Casual
Self-employed
Generally work 38 hours a week and have continuing employment…
Work regular hours but fewer per week then full-time employee…
Usually employed on an hourly basis without access to entitle…
An individual who works for himself or herself
Full time
Generally work 38 hours a week and have continuing employment…
Part time
Work regular hours but fewer per week then full-time employee…
12 terms
Unemployment and Employment
Civilian Labor Force (173)
Labor Force Participation Rate (174)
Civilian Unemployment Rate (177)
Discouraged Workers (179)
All people in an economy who are at least 16 years old; are n…
The percentage of the civilian, noninstitutionalized populati…
The percentage of the civilian labor force that has unsuccess…
Workers who withdraw from the labor force rather than keep se…
Civilian Labor Force (173)
All people in an economy who are at least 16 years old; are n…
Labor Force Participation Rate (174)
The percentage of the civilian, noninstitutionalized populati…
11 terms
Unemployment and employment
Who counts as "employed"
Who doesn't count as "employed"
not in the labor force... not looking for…
Who is unemployed
full-time jobs... - 40 hrs a week... part-time jobs... - 15 to 39 hrs…
people not in the labor force... actively looking for work but c…
students... under 16... retirees0... institutionalized (confined or im…
people who are actively looking for jobs but are not able to
Who counts as "employed"
full-time jobs... - 40 hrs a week... part-time jobs... - 15 to 39 hrs…
Who doesn't count as "employed"
people not in the labor force... actively looking for work but c…
employment and unemployment
The Bureau of Labor Statistics (BLS) c…
Which of the following is true? 2) ___…
After graduating from college, Yunis,…
Which of the following people would be…
E) performing a monthly survey of 60,000 households.
C) To be classified as employed, you must work at least 1 hou…
part of the labor force and employed.
B) Rich, who is working 20 hours a week but wants a full-time…
The Bureau of Labor Statistics (BLS) c…
E) performing a monthly survey of 60,000 households.
Which of the following is true? 2) ___…
C) To be classified as employed, you must work at least 1 hou…
6 terms
Employment & Unemployment
Working Population
Labour force
Employment rate
Unemployment rate
the population of working age made up of the labour force and…
the number of people in employment & registered unemployment
the % of the working population that has a job
the % of the workforce that is currently not in a job
Working Population
the population of working age made up of the labour force and…
Labour force
the number of people in employment & registered unemployment
11 terms
Employment & Unemployment
Unemployment
Employment
The level of unemployment
The rate of unemployment
the number of people who are looking for work but who cannot…
the number of people in the economy who are economically acti…
the number of people who are unemployed
the number of people unemployed as a percentage of the labour…
Unemployment
the number of people who are looking for work but who cannot…
Employment
the number of people in the economy who are economically acti…
Employment & Unemployment
Unemployment
Labour Force
Economic inactivity
Unemployment Rate
Individuals willing and able to work but unable to find a pay…
Total number of people employed and those registered at unemp…
those not seeking a job although being of working age
Proportion of the labour force that is unemployed
Unemployment
Individuals willing and able to work but unable to find a pay…
Labour Force
Total number of people employed and those registered at unemp…
Unemployment & Employment
unemployment
labor force
Bureau of Labor Statistics
who is unemployed
the percentage of the labor force that is jobless & actively…
civilians age 16 and over who are employed, actively looking…
surveys 60,000 households to determine the labor force; exclu…
workers laid off or fired from last job, first time entrants…
unemployment
the percentage of the labor force that is jobless & actively…
labor force
civilians age 16 and over who are employed, actively looking…
15 terms
Employment and Unemployment
agency
career
job
occupation
Agentur
Kariere
Job
Besetzung, Beruf
agency
Agentur
career
Kariere
Employment and unemployment
Employment
Economically inactive
Discourage workers
Workforce
People who are either working for firms or other organisation…
Those people of working age who are not looking for work, for…
People who have been unable to find employment and who are no…
People who are economically active - either in employment of…
Employment
People who are either working for firms or other organisation…
Economically inactive
Those people of working age who are not looking for work, for…
11 terms
Employment and unemployment
frictional unemployment... transitional u…
geographical immobility of labour
occupational immobility of labour
structural unemployment
usually short-term unemployment... occurs when a worker switches…
when workers are unwilling or unable to move from one area to…
when workers are unwilling or unable to move from one type of…
long-term unemployment occurring when some industries are dec…
frictional unemployment... transitional u…
usually short-term unemployment... occurs when a worker switches…
geographical immobility of labour
when workers are unwilling or unable to move from one area to…
27 terms
Employment and Unemployment
Work
A person is employed if they are:
A person is unemployed if they:
Demand for labour
A transaction between parties: a person can sell their labour…
- exchanging their labour for an income... - working for more th…
- have not worked for an income... - working for less than 1 hou…
Ultimately determined by the demand of goods and services. --…
Work
A transaction between parties: a person can sell their labour…
A person is employed if they are:
- exchanging their labour for an income... - working for more th…
198 terms
Employment and Unemployment
2.3 million people
USA, Germany, France, Italy and Austra…
remained very high
Absorb the tens of millions of peasant…
By early 2009, unemployment climbed to reach ...... by the en…
There was a similar growth in unemployment in virtually all h…
In much of the developing world, what has happened to unemplo…
Millions of new jobs have been created in emerging market eco…
2.3 million people
By early 2009, unemployment climbed to reach ...... by the en…
USA, Germany, France, Italy and Austra…
There was a similar growth in unemployment in virtually all h…
8 terms
Unemployment and employment
What are counted in Unemployment?
What are not counted in unemployment?
Frictional unemployment
Cyclical unemployment
1. Frictional unemployment ... 2. Cyclical unemployment ... 3. Stru…
1. Voluntary unemployment ... 2. Discouraged worker
People between jobs. ... People who are Fired.... New-entrants to w…
Firms can't afford to pay, so fired.
What are counted in Unemployment?
1. Frictional unemployment ... 2. Cyclical unemployment ... 3. Stru…
What are not counted in unemployment?
1. Voluntary unemployment ... 2. Discouraged worker
16 terms
Employment and Unemployment
Unemployment
Full employment
Claimant count
Labour force survey
When a worker is willing and able and actively seeking work (…
When all those able and willing to work are in paid employmen…
A measure of unemployment based on the number of people claim…
A measure of unemployment based on a survey of households, as…
Unemployment
When a worker is willing and able and actively seeking work (…
Full employment
When all those able and willing to work are in paid employmen…
17 terms
6.2 Employment and unemployment
Labour force
Employed
Dependent population
Unemployment rate
All people of working age who are willing and able to work.
People who are paid for the work they do.
People who are not working or looking for a job.
The percentage of the labour force that is unemployed and act…
Labour force
All people of working age who are willing and able to work.
Employed
People who are paid for the work they do.
11 terms
Employment and Unemployment
What is the workforce?
What is the level of employment?
What is the rate of employment?
What are the criteria for being unempl…
No of people not in work and no of people able to work
The number of people in work
The number of people who are employed/size of the workforce
Actively seeking work but are not employed
What is the workforce?
No of people not in work and no of people able to work
What is the level of employment?
The number of people in work
Employment and unemployment
What are the measures of unemployment?
What's voluntary unemployment?
What's involuntary unemployment?
Who does employment and unemployment i…
Claimant count ... Labour force survey
When someone chooses not to work at the current wage rate.
When someone is willing and able to work at the current wage…
Consumers ... Firms ... Workers ... Governments ... Society ... Inactivity
What are the measures of unemployment?
Claimant count ... Labour force survey
What's voluntary unemployment?
When someone chooses not to work at the current wage rate.
47 terms
Employment and Unemployment
The working-age population is defined…
The working-age population can be divi…
All people in the working-age populati…
The working-age population
people over the age of 16 who are not in jail, hospital, or o…
people in the labor force and people who are not in the labor…
employed, unemployed, or not in the labor force
The total number of people aged 16 years and over who are not…
The working-age population is defined…
people over the age of 16 who are not in jail, hospital, or o…
The working-age population can be divi…
people in the labor force and people who are not in the labor…
22 terms
Unemployment and Employment
Explain what is meant by unemployment?
Explain what is meant by employment?
Explain what is meant by the macroecon…
Distinguish between the Labour force s…
ILO Unemployment Definition: Those who are without a job, wan…
People who are working for firms, other organisations or self…
...
The claimant account measure of unemployment measures people…
Explain what is meant by unemployment?
ILO Unemployment Definition: Those who are without a job, wan…
Explain what is meant by employment?
People who are working for firms, other organisations or self…
18 terms
Unemployment/ Employment
Unemployment... e.g.... the percentage of…
Frictional Unemployment
Placement services
vacancies
Arbeitslosigkeit... d.h.... der Anteil der gesamten Erwerbsbevölk…
Fluktuierende Arbeitslosigkeit
Job Center
Stellenangebote
Unemployment... e.g.... the percentage of…
Arbeitslosigkeit... d.h.... der Anteil der gesamten Erwerbsbevölk…
Frictional Unemployment
Fluktuierende Arbeitslosigkeit
Employment and Unemployment
agency
career
job
occupation
Agentur
Kariere
Job
Besetzung, Beruf
agency
Agentur
career
Kariere
15 terms
Employment (work conditions/unemployment)
全职
兼职
打工
赚钱
quánzhí... full-time work
jiānzhí... part-time work
dǎgōng... part-time work (during study)
zhuànqián... to make money
全职
quánzhí... full-time work
兼职
jiānzhí... part-time work
5 terms
MEASURING EMPLOYMENT: THE UNEMPLOYMENT RATE
Unemployment Rate
Full Employment
GDP Gap
Potential GDP
the total number of Canadians unemployed divided by the total…
lowest possobile rate of unemployment
The cost of unemployment to the economy, measured by the amou…
The output that the economy can produce if the unemployment r…
Unemployment Rate
the total number of Canadians unemployed divided by the total…
Full Employment
lowest possobile rate of unemployment
19 terms
Employment and Unemployment Definitions
Frictional unemployment
Cyclical unemployment
Structural unemployment
Geographical mobility
Temporary unemployment eg ... * people between jobs.... *school lea…
Unemployment related to the business cycle (downturn and rece…
Caused by demand for goods falling permanently eg... * changing…
When people move to follow work opportunities.
Frictional unemployment
Temporary unemployment eg ... * people between jobs.... *school lea…
Cyclical unemployment
Unemployment related to the business cycle (downturn and rece…
18 terms
Unit 11 Employment & unemployment
কর্মসংস্থান
বেকার
বেকারত্ব
সর্বনিম্ন বেতন
Employment
Unemployed person
Unemployment
Minimum wage
কর্মসংস্থান
Employment
বেকার
Unemployed person
Full Employment and Unemployment Rate
Unemployment Rate
Discouraged Worker
Underemployed
Frictional Unemployment
a % of total unemployed seeking work divided by the total lab…
Person who is NOT included when calculating unemployment rate…
Person who working part-time not by choice or at a job below…
When workers move from one job to the other or search for the…
Unemployment Rate
a % of total unemployed seeking work divided by the total lab…
Discouraged Worker
Person who is NOT included when calculating unemployment rate…
20 terms
employment/unemployment terms
potential workers
employed
unemployed
labor force
everyone in the general population except children under 16,…
those (potential workers) holding full or part time paid jobs
those (potential workers) who do not have a job but have acti…
the sum of all employed and unemployed workers (employed + un…
potential workers
everyone in the general population except children under 16,…
employed
those (potential workers) holding full or part time paid jobs
17 terms
Chapter 9: Employment and Unemployment
Potential workers are
potential workers
Employed
Unemployed
employed, unemployed, and not in the labor force
include everyone in the general population with three excepti…
a person holding a full-time or part-time paid job is
if she does not have a job, has actively looked for work in t…
Potential workers are
employed, unemployed, and not in the labor force
potential workers
include everyone in the general population with three excepti…
19 terms
Chapter 9 Unemployment and Employment
potential workers
Employed
Unemployed
Not in labor Force
Everyone in the general population except: Children under 16…
persons hold a paid full-time or part-time job
persons are without a job and are actively searching for one
persons are without a paid job and not actively searching for…
potential workers
Everyone in the general population except: Children under 16…
Employed
persons hold a paid full-time or part-time job
25 terms
Ch 5: Employment and unemployment
working age population
unemployed
Labor force
employment to population ratio
the # of people over 16 not in an institution (i.e. jail, hos…
You are part of the labor force, available for work and have…
the employed and unemployed
# employed/working age population x100
working age population
the # of people over 16 not in an institution (i.e. jail, hos…
unemployed
You are part of the labor force, available for work and have…
6 terms
29. Employment and Unemployment
Activity or participation rates
Cyclical, demand- deficient or Keynesi…
Frictional unemployment
Net migration
the percentage or proportion of any given population in the l…
when there is insufficient demand in the economy for all the…
when workers are unemployed for short lengths off time betwee…
immigration minus emigration
Activity or participation rates
the percentage or proportion of any given population in the l…
Cyclical, demand- deficient or Keynesi…
when there is insufficient demand in the economy for all the…
Ch9 Employment and Unemployment
Potential workers fall into three cate…
The level of employment and level of w…
Frictional unemployment
Structural unemployment
Employed, unemployed, not in labor force
Firms' labor demand, workers' labor supply, and various wage…
Rises because it takes time for unemployed workers to learn a…
Rises because wage rigidities prevent the quantity of labor d…
Potential workers fall into three cate…
Employed, unemployed, not in labor force
The level of employment and level of w…
Firms' labor demand, workers' labor supply, and various wage…
Chapter 9 - Employment and Unemployment
Potential Workers
Long-term unemployment generates a los…
Employment
Unemployment
Includes everyone in the general population with three except…
of income, of skills and perceived self-worth
A person holding a full-time or part-time paid job
If he/she does not have a job, has actively looked for work i…
Potential Workers
Includes everyone in the general population with three except…
Long-term unemployment generates a los…
of income, of skills and perceived self-worth
18 terms
Chapter 9: Employment and Unemployment
Potential Workers
Employed
Unemployed
Labor Force
Includes everyone in the general population with three except…
When a person holds a full-time or part time job
When a person does not have a job, has actively looked for wo…
The sum of all employed and unemployed workers
Potential Workers
Includes everyone in the general population with three except…
Employed
When a person holds a full-time or part time job
5.02 Employment and unemployment
Natural Unemployment Rate
Cyclical Unemployment
Frictional Unemployment
Structural Unemployment
Frictional and structural unemployment are regarded as always…
Unemployment that is tied to changes in the business cycle.
Unemployment caused by workers who are searching for a job af…
Unemployment caused by a worker's skills no longer being need…
Natural Unemployment Rate
Frictional and structural unemployment are regarded as always…
Cyclical Unemployment
Unemployment that is tied to changes in the business cycle.
Employment, Underemployment, Unemployment (1)
Insufficient(a)
Distinct(a)
Terbulent(a)
Normative(a)
Not enough... Ex: there was .... to fund the project
Clearly seperate and different ... Ex: the term has three .... m…
Involving a lot changes, arguments, violence... Ex: The last few…
Describing standards of behavior... Ex: a ...... approach
Insufficient(a)
Not enough... Ex: there was .... to fund the project
Distinct(a)
Clearly seperate and different ... Ex: the term has three .... m…
MacroEconomics: Employment and Unemployment
in employment
economically inactive
discouraged workers
workforce
people who are either working for firms or other organisation…
those people of working age who are not looking for work
people unable to find employment who are no longer looking fo…
people who are economically active: either in employment or u…
in employment
people who are either working for firms or other organisation…
economically inactive
those people of working age who are not looking for work
20 terms
Ch 9 Employment and Unemployment
long term unemployment generates which…
potential workers include everyone in…
what does the bureau of labor statisti…
what are the three categories of poten…
loss of income, loss of skills, loss of perceived self-worth
children under 16, people on active military duty, institutio…
civilian non-institutionalized populations ages 16 and over
unemployed, employed, not in the labor force
long term unemployment generates which…
loss of income, loss of skills, loss of perceived self-worth
potential workers include everyone in…
children under 16, people on active military duty, institutio…
14 terms
Gross Measures - Employment/Unemployment
What is the CES survey?
What is the CPS survey?
What is the minimum age to be consider…
Are those on active military duty incl…
A sample of 160,000 businesses and government entities design…
A monthly survey of 60,000 households to measure employment a…
16
No
What is the CES survey?
A sample of 160,000 businesses and government entities design…
What is the CPS survey?
A monthly survey of 60,000 households to measure employment a…
17 terms
Economic Performance - Employment & Unemployment
What is the level of employment?
What is the level of unemployment?
What are the factors that influence th…
How is the school leaving age the fact…
The level of employment is the number of people in work, whil…
The unemployed are people who are willing and available to wo…
- The school leaving age... - Number of school leavers entering…
This is rising to 18 by 2015. Employment in the age range 16-…
What is the level of employment?
The level of employment is the number of people in work, whil…
What is the level of unemployment?
The unemployed are people who are willing and available to wo…
24 terms
Macroeconomics Final- Employment and Unemployment
Potential Workers
Employed
Unemployed
Labor Force
includes everyone in the general population except the disabl…
a person who has a full or part time paid job
a person who does not have a job but has been actively lookin…
Unemployed+Employed
Potential Workers
includes everyone in the general population except the disabl…
Employed
a person who has a full or part time paid job
14 terms
Employment and unemployment econ notes
Labor Force : what is included
Labor Force: what is excluded
employed
unemployed
-16 years of age or older... -working or seeking work (full- or…
-military personnel... -prisoners ... -mentally ill... -nursing houses
is a full- or part- time worker
did not work last week, and actively sought work
Labor Force : what is included
-16 years of age or older... -working or seeking work (full- or…
Labor Force: what is excluded
-military personnel... -prisoners ... -mentally ill... -nursing houses
16 terms
Theme 2 - employment - qualifications, unemployment
资历
医科
文科
理科
qualifications
medical course
arts and humanity course
science course
资历
qualifications
医科
medical course
Population, Employment, Unemployment
Demographic
Fertility
Fertility has been
Ideal family
affects economic development
Reproductive behavior (number of births)
decreasing, but so has mortality because of healthcare system
About 2.1 children/ family for population growth
Demographic
affects economic development
Fertility
Reproductive behavior (number of births)
16 terms
Economics - Employment and Unemployment
Cyclical Unemplyment
Natural Unemployment
Structural Unemplyment
Hardcore Unempl0yment
unemployment that rises during economic downturns and falls w…
Unemployment caused by frictional and structural factors in t…
Occurs when a given set of skills is no longer needed in a gi…
Hard-core unemployment is the unemployment of people that are…
Cyclical Unemplyment
unemployment that rises during economic downturns and falls w…
Natural Unemployment
Unemployment caused by frictional and structural factors in t…
31 terms
eco population, unemployment & employment
Natural Increase
Birth Rate
Fertility Rate
Rate of net overseas migration
(Birth rates - death rates) representing the increase or decr…
number of births per 1000 persons
number of births per woman
difference between immigration and emigration
Natural Increase
(Birth rates - death rates) representing the increase or decr…
Birth Rate
number of births per 1000 persons
16 terms
Unemployment and employment definitions
Labour force
Labour force participation rate
Employment by industrial sector
Employment status
the total number of people of working age in work or actively…
the labour force as a proportion of the total working-age pop…
how many people work in agriculture and manufacturing industr…
the number of people employed full-time, part-time or in temp…
Labour force
the total number of people of working age in work or actively…
Labour force participation rate
the labour force as a proportion of the total working-age pop…
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