CHAPTER 58 SUPPLY OF LABOUR Flashcards
1
Q
Activity or participation rates
A
The percentage or proportion of any given population in the labour force.
2
Q
Economically active
A
The number of workers in the workforce who are in a job or are unemployed.
3
Q
Net migration
A
Immigration minus emigration.
4
Q
Population of working age
A
Size of the population aged between the school leaving age and the state retirement age.
5
Q
Workforce or labour force or working population
A
Those economically active and therefore in work or seeking work.
6
Q
Workforce jobs
A
The number of workers in employment. It excludes the unemployed.
