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Chapter 21 - Monitoring Jobs and Inflation.rtf

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Department
Economics
Course
Economics 1022A/B
Professor
All Professors
Semester
Spring

Description
Chapter 21Monitoring Jobs and InflationUnemployment is a serious personal and social economic problem for two reasons It results in Lost production and incomes Lost human capitalLabour Force SurveyPopulationWorking AgeNonWorking AgeLabournonLabour ForceEmployedUnemployedFull TimePart TimeVoluntary PTInvoluntary PTUnemployed Without work but has made efforts to find a job within 4 weeksLaid off from a job and waiting to be called back Waiting to start a new job within 4 weeksEmployedIs working full time or part timeUnemployment rate
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