Labour
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | the return to labour.
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Labour Force | show 🗑
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The participation rate | show 🗑
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show | the willingness of labour to move from one region to another to take up employment
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occupational mobility of labour | show 🗑
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Frictional unemployment | show 🗑
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Seasonal unemployment | show 🗑
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show | industries that were major employers have gone into decline –> no demand for the skills of the old employees.
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show | arises when there are obstacles to the mobility of labour, or when the incentives to work are decreased.
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Disguised unemployment | show 🗑
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show | this is where someone is employed just to give that person an income, but he or she does not add to the total output of the firm (for example, a son employed in the family firm).
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Cyclical unemployment | show 🗑
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Quarterly National Household Survey | show 🗑
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Live Register | show 🗑
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Created by:
Ms D'Rosario
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