Measuring the Level of Unemployment (HSC SSCE Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
Who is included in the labour force?
Who is included in the labour force?
People 15+ working or seeking work
What is the minimum hours to be classified as employed?
What is the minimum hours to be classified as employed?
At least one hour per week
Which group is excluded from the labour force?
Which group is excluded from the labour force?
Full-time students over 15 not working
The labour force participation rate formula is:
The labour force participation rate formula is:
How is the unemployment rate calculated?
How is the unemployment rate calculated?
Which is a criterion for being actively seeking work?
Which is a criterion for being actively seeking work?
Registering with an employment agency
What problem does underemployment create for unemployment statistics?
What problem does underemployment create for unemployment statistics?
People working 1 hour count as employed
Who are 'hidden unemployed' or 'discouraged jobseekers'?
Who are 'hidden unemployed' or 'discouraged jobseekers'?
People who stopped looking for work
What does the labour force underutilisation rate include?
What does the labour force underutilisation rate include?
Unemployed plus underemployed
What makes the hours-based underutilisation rate more accurate?
What makes the hours-based underutilisation rate more accurate?
It calculates total hours people want