unemployment economics
- Created by: ishah
- Created on: 08-05-13 15:29
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- Unemployment
- 2 common measures
- claimant count - JSA
- ILO definition of unemployed
- excl claimant count
- part-time work
- youngers refused YT
- students vacation work
- left voluntarily
- flows into
- redundant
- sacked
- temp laid off
- resign
- school leavers
- return after babies
- outflows
- new jobs
- return temp job
- give up
- retire
- pregs
- die
- emigrate
- structural
- replaced by machines
- occupational immobility
- cyclical
- lack AD G&S
- demand defficient
- economic cycle
- costs
- social
- income inequality, poverty, crime, s&e deprivation
- economic
- deadweight, loss in human-capital investment
- social
- 2 common measures
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