What is Unemployment A quick quiz about macroeconimc topic Unemploymen 4.5 / 5 based on 4 ratings ? EconomicsThe Labour MarketMacroeconomic PolicyASAQA Created by: OlatundeCreated on: 03-11-13 21:08 Unemployment is.... When a person who is willing and able to work is unable to find a job 1 of 11 What is unemployment measured by Claimant count and Labour Force Survey 2 of 11 The formula for the unemployment rate is.... number of unemployed people divided by the number of people in the economy’s labour force 3 of 11 Casual Unemployment When the worker is employed by the firm at irregular periods. 4 of 11 Cyclical Unemployment occurs when.... when the costs of production for a firm become to great, due falling demand 5 of 11 What is the consequence of a person being "frictionally unemployed" Temporary unemployment 6 of 11 A person becomes search unemployed as result Seeking a desirable occupation 7 of 11 Regional Unemployment can be defined as.... when a specific region in a country geographically has a relatively higher unemployment rate than the rest of the country’s average unemployment rate 8 of 11 Seasonal Unemployment is most common in the... The tourism and leisure industry 9 of 11 Structural Unemployment is the result of the job seeker's... Level of Skill 10 of 11 What causes technological unemployment Capital replacing human labour 11 of 11
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