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
Country X measures unemployment by counting the number of people claiming unemployment benefit.
Why might this method underestimate the level of unemployment?
Some benefit claimants are working unofficially.
Some employees work overtime.
Some jobseekers do not claim benefits.
Some people are unable to work.
C
What is necessary for a worker to be classified as unemployed?
the worker does
not have a paid
job
the worker is
prepared to
work
the worker will
accept the
current wage
rate
yes
no
no
yes
no
yes
yes
yes
no
yes
yes
yes
D