unemployment
- Created by: fatimahkhan
- Created on: 02-06-21 20:25
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- unemp.
- the claimant count
- people seeking jsa: out of work, capable, available and seeking during the week of the claim
- over 18, not in full time education, work less than 16 hrs a week, available and seeking work
- weekly data / hard to lie
- excludes validly unemployed people like pregnant women + under 18s
- ilo
- labour force survey every month
- internationally comparable / easy to identify trends / large sample size is accurate
- slower to respond / sampling variability / expensive
- solutions
- cutting income tax or vat
- inflation
- lowering benefits or increasing nmw
- poverty
- if wages are too high, decrease nmw
- Untitled
- retraining
- expensive
- cutting income tax or vat
- the claimant count
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