CAIE IGCSE Economics 4.6.1 Definitions of employment, unemployment & full employment
Practise applying definitions of employment, unemployment and full employment to workers in short labour-market scenarios.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Exam points
- distinguish unemployed workers from students, retired people and inactive adults
- apply full employment as very low unemployment with no cyclical unemployment
4.6.1—Definitions of employment, unemployment and full employment question 1
[Maximum number: 1]
What are the correct definitions of unemployment and employment relative to the number of people of working age?
unemployment
employment
those who want a job but cannot
get one at the current wage rate
those who are not in
full-time education
those who want a job but cannot
get one at the current wage rate
those who have a job
at the current wage rate
those without a job
those who are not in
full-time education
those without a job
those who have a job at
the current wage rate
B
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