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Understand the definitions of employment, unemployment, and full employment.

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Cambridge IGCSE EconomicsGovernment and the macroeconomy

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Understand the definitions of employment, unemployment, and full employment

This point belongs to Employment and unemployment, especially Employment and unemployment outcomes.
You need to be able to understand the definitions of employment, unemployment, and full employment.
The key ideas to know are Define and State.
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Key concepts

DefineState

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This objective helps connect Employment and unemployment outcomes to exam-style questions, flashcards, and revision notes for Employment and unemployment.

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Paper 2 structured question: Employment and unemployment

Paper 2Structured Questions1 marks

Description

Definitions of Employment and Unemployment

Employment refers to individuals who are actively engaged in work and receiving payment. Unemployment is the state of individuals who are willing and able to work but cannot find a job.

a
State the definition of employment.
Your answer
Aim for approximately 1 distinct marking point.
[1]

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Related learning objectives

Examine the evolving trends and levels of employment, including factors like the growth of the tertiary sector, increased female participation in the workforce, and shifts from public to market employment.
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Learn how unemployment is quantified, including methods like the claimant count and labour force survey, as well as the calculation for the unemployment rate.
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Identify the different causes and types of unemployment, such as frictional, structural, and cyclical unemployment.
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Discuss the impacts of unemployment on individuals, businesses, and the overall economy.
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Explore various strategies aimed at reducing unemployment and evaluate their potential effectiveness.
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