unemployment
- Created by: courtroberts
- Created on: 20-03-17 10:36
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- unemployment
- economically inactive
- not actively looking for work or working
- under employed
- in work but not working the hours you require
- hidden unemployed
- Family
- under 18
- retired
- time lag
- stigma
- costs
- more benefits and lower income tax revenue (budget deficit)
- more crime = lower living standards
- lower availability of human capital
- less spending = low profits for firms
- economically inactive
- ILO is international comparable
- ILO is higher than claimant count
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