Grade 10 Economics: unemployment

People who are part of the EAP, are not working but have looking for work and are available to work.

• Narrow/official definition of unemployment

• Broad/expanded definition of unemployment

• Labour force

• Economically active population

People who are part of the EAP, not working even if they have given up looking for work.

• Narrow/ official definition of unemployment

• Broad/expanded definition of unemployment

• Labour force

• Economically active population

A situation where unemployment will increase during times od a downswing and decrease during an upswing.

• Frictional unemployment

• Seasonal unemployment

• Cyclical unemployment

• Structural unemployment

A situation where a person will become unemployed during certain parts of the year when the line of activity is out of season.

• Frictional unemployment

• Seasonal unemployment

• Cyclical unemployment

• Structural unemployment

A situation where a person is unemployed for a period of time when they are between jobs.

• Frictional unemployment

• Seasonal unemployment

• Cyclical unemployment

• Structural unemployment

Unemployment occurs when their is a mismatch between the skills that a person posesses and the skills that are required for a job that has a vacancy.

• Frictional unemployment

• Seasonal unemployment

• Cyclical unemployment

• Structural unemployment

Lennon chose to study chemical engineering at UCT. He recently graduated and is looking for a job. Unfortinately, the only engineering jobs available are for civil and mechanical engineering. Lennon is therefore....

• Frictionally unemployed

• Structurally unemployed

• Cyclically unemployed

• Seasonally unemployed

Jack has qualified to play on the PGA tour which runs from 1 January to 30 September each year. This means that from 1 Octber to 31 December, Jack will be ....

• Structurally unemployed

• Frictionally unemployed

• Seasonally unemployed

• Cyclically unemployed

south africa recently entered a recession/downswing in its economy. Zack worked for Voros Waterworks who unfortunatley had to retrench Zack as a result of decreased demand caused by the recession. Zack is therefore ....

• Structurally unemployed

• Frictionally unemployed

• Cyclically unemployed

• Seasonally unemployed

Polite is a civil engineer working for Murray & Roberts. His contract with them expires on the 30 June 2021. He has signed a new employmnet contract with Murray & Goodwin which comences 1 August 2021. For the month of July Polite will be ....

• Frictionally unemployed

• Structuraly unemployed

• Cyclically unemployed

• Seasonally unemployed