Defining Unemployment Flashcards

0.0(0)
studied byStudied by 0 people
linked notesView linked note
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/6

flashcard set

Earn XP

Description and Tags

Flashcards about Defining Unemployment

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

7 Terms

1
New cards

Employed

People who work for pay

2
New cards

Unemployed

Not employed, available for work, and looking for a job

3
New cards

Not in the labor force

Not employed and not unemployed

4
New cards

Labor force

Total number of workers, employed and unemployed

5
New cards

Unemployment rate

Percentage of labor force that is unemployed

6
New cards

Official unemployment rate

An imperfect measure of joblessness, based on a monthly survey of 60,000 households.

7
New cards

Discouraged workers

Individuals who would like to work but have given up looking for a job