Who has work, and who is looking?
Count people in the labour market, compare three rates, and connect wage floors and unemployment to the output gap. Explore the ideas, then solve ten worked questions.
A job, an active search, or outside the labour force?
| Question | Selected resident |
|---|---|
| Did any work? | Yes |
| Looked in past four weeks? | No |
| Available for work? | Yes |
| Status | Employed |
A job, an active search, or outside the labour force?
Three rates from one population table
| Rate | Result |
|---|---|
| Unemployment | … |
| Participation | … |
| Employment | … |
Exam coming up and unemployment rates still feel confusing?
Bring your problem sets. We work through them together until every type feels routine.
Questions, answered.
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