Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
6 Cards in this Set
- Front
- Back
|
Def of unemployement |
Is the total number of people who are within the working age actively looking for a job but cannot find one |
|
|
Def Working age |
Between the ages of 18-64 |
|
|
What’s participation rate |
Is the proportion of who are economically active and form the labour force |
|
|
What’s labour face |
Is the total amount of people who are able to work in a country of an area |
|
|
Factors affecting labour participation rate |
1) water paid. High wages attract people to work and increase participation rate 2) school learning, such as high education 3) cost of childcare and elderly care 4)social attitude towards women and disabled |
|
|
Factors affecting size of labour forse |
1) immigration and emigration. People coming within the country to look for jobs 2) population. A high birth rate will increase te labour force 3) retirement age. An early retirement age will reduce the size of labour force 4) state of an economy. In a developed country, the size of labour force will be high |
