Podcast
Questions and Answers
What does a high ratio of LFPR indicate?
What does a high ratio of LFPR indicate?
- The country is experiencing rapid economic growth
- There is a high unemployment rate
- Many people are participating in the labour market (correct)
- Fewer people are participating in the labour market
How is the unemployment rate calculated?
How is the unemployment rate calculated?
- $\frac{U}{LF} \times 100$ (correct)
- $\frac{LF-P}{U} \times 100$
- $\frac{LF}{U} \times 100$
- $\frac{U}{LF+P} \times 100$
What does the ILO exclude when calculating the unemployment rate?
What does the ILO exclude when calculating the unemployment rate?
- Retired individuals
- Discouraged job seekers (correct)
- Part-time workers
- Employed persons
What does a low ER indicate about a country?
What does a low ER indicate about a country?
Why is it believed that excluding discouraged job seekers understates unemployment severity?
Why is it believed that excluding discouraged job seekers understates unemployment severity?
What does an increasing FLFP rate over the years suggest?
What does an increasing FLFP rate over the years suggest?
What can be inferred about female unemployment rates compared to male rates based on the text?
What can be inferred about female unemployment rates compared to male rates based on the text?
Based on the information provided, what does Labour Force Participation Rate (LFPR) measure?
Based on the information provided, what does Labour Force Participation Rate (LFPR) measure?
What does the Total Unemployment Rate include according to the text?
What does the Total Unemployment Rate include according to the text?
Which group is considered as part of the Labour Force according to the international definition of unemployment?
Which group is considered as part of the Labour Force according to the international definition of unemployment?
What is the main focus of calculating the Employment Rate based on the provided data?
What is the main focus of calculating the Employment Rate based on the provided data?
Who is considered as part of the Economically Inactive group based on the provided data?
Who is considered as part of the Economically Inactive group based on the provided data?
What is the main issue concerning female unemployment in Botswana?
What is the main issue concerning female unemployment in Botswana?
Which term is used to describe people who work below their potential?
Which term is used to describe people who work below their potential?
What is considered as hidden unemployment in Botswana?
What is considered as hidden unemployment in Botswana?
What classifies someone as underemployed in Botswana?
What classifies someone as underemployed in Botswana?
What does the table show about the unemployment rates in Botswana over the years?
What does the table show about the unemployment rates in Botswana over the years?
What trend does the data show regarding female labor force participation rates in Botswana?
What trend does the data show regarding female labor force participation rates in Botswana?
