click below
click below
Normal Size Small Size show me how
Stack #4202725
| Question | Answer |
|---|---|
| Def of unemployment | individuals who are currently not employed, yet are actively searching and able to work |
| Def of labour productivity | output per unit of labour per unit of time |
| Def of wage growth | the increase in wages adjusted for inflation in percentages |
| current unemployment rate (%) | 4% |
| current wage growth (%) | 4.1% |
| minimum wage | $23.23 |
| labour productivity (%) | 3.7% |
| participation rate (%) | 66.7% |
| working hours (%) | 6.9% |