Question 3B - Part 1 Here is a report from a not very efficient survey taker; “T

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Question 3B - Part 1 Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.” Calculate: (i) The number of persons employed.

Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.”

Calculate:

(ii) The number of persons unemployed.

Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.”

Calculate:

(iii) The working-age population.

Question 3B - Part 4

Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.”

Calculate:

(iv) The number of persons in the labour force.

Question 3B - Part 5

Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.”

Calculate:

(v) The number of persons not in the labour force

Question 3B - Part 6

Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.”

Calculate:

(vi) The unemployment rate

Question 3B - Part 7

Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.”

Calculate:

(vii) The labour force participation rate

Question 3B - Part 8

Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people had full-time jobs and 5 had part time jobs. There were 5 full-time homemakers, 5 full-time students over age 16 and 2 people who were disabled and cannot work. The remaining people did not have jobs but all said they would like one. One of these people had not looked for work for 3 months, however.”

Calculate:

(viii) The employment to population ratio

Question 3A

Identify which category of unemployment each of the following persons would belong to

There has been a general economic slow-down. Because of weak demand, Andy Capp has lost his portering job at the docks.

Phil McCafferty, a newly qualified dental school graduate, is looking for a place to set up practice.

Coal miner Ned Ludd is thrown out of work by the introduction of a more mechanized production process.

Latosha Hogan, a computer programmer with a large bank, quit her job two months ago in search of a better-paid programming position. She is still looking.

A textile firm closes a plant in Texas and transfers production to a plant in South Carolina. The plant supervisor at the Texas plant is given the opportunity to move to South Carolina to become the plant supervisor. He turns down the opportunity because of family obligations.

There has been a general economic slow-down. Because of weak demand, Andy Capp has lost his portering job at the docks.

Answer 1Choose...Frictional unemploymentStructural unemploymentCyclical unemployment

Phil McCafferty, a newly qualified dental school graduate, is looking for a place to set up practice.

Answer 2Choose...Frictional unemploymentStructural unemploymentCyclical unemployment

Coal miner Ned Ludd is thrown out of work by the introduction of a more mechanized production process.

Answer 3Choose...Frictional unemploymentStructural unemploymentCyclical unemployment

Latosha Hogan, a computer programmer with a large bank, quit her job two months ago in search of a better-paid programming position. She is still looking.

Answer 4Choose...Frictional unemploymentStructural unemploymentCyclical unemployment

A textile firm closes a plant in Texas and transfers production to a plant in South Carolina. The plant supervisor at the Texas plant is given the opportunity to move to South Carolina to become the plant supervisor. He turns down the opportunity because of family obligations.

Explanation / Answer

3A:

a) Cyclical unemployment. This is because Andy looses his job due to economic recession.

b) Frictional unemployment because jobs are available but Phil McCaffetery prefers a particular one.

c) Structural unemployment because person is unemployed due to technological change.

d) Frictional unemployment because it occurs due to searching of new job.

e) Structural unemployment

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