Labour Concepts: Underemployment and Labour Force Participation

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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?

$\frac{U}{LF} \times 100$ (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?

Retired individuals

Discouraged job seekers (correct)

Part-time workers

Employed persons

What does a low ER indicate about a country?

Insufficient job creation Signup and view all the answers

Why is it believed that excluding discouraged job seekers understates unemployment severity?

Because discouraged job seekers are not counted in the unemployed population Signup and view all the answers

What does an increasing FLFP rate over the years suggest?

Higher labour force participation Signup and view all the answers

What can be inferred about female unemployment rates compared to male rates based on the text?

They are higher in most years Signup and view all the answers

Based on the information provided, what does Labour Force Participation Rate (LFPR) measure?

The percentage of the total population aged 15 and above that is employed or actively seeking work Signup and view all the answers

What does the Total Unemployment Rate include according to the text?

Discouraged job seekers and those actively seeking work Signup and view all the answers

Which group is considered as part of the Labour Force according to the international definition of unemployment?

Discouraged job seekers Signup and view all the answers

What is the main focus of calculating the Employment Rate based on the provided data?

The proportion of the population aged 15 years and above that is employed Signup and view all the answers

Who is considered as part of the Economically Inactive group based on the provided data?

Homemakers and students Signup and view all the answers

What is the main issue concerning female unemployment in Botswana?

Persistent high unemployment rate Signup and view all the answers

Which term is used to describe people who work below their potential?

Underemployed individuals Signup and view all the answers

What is considered as hidden unemployment in Botswana?

When more people are doing work that requires fewer people Signup and view all the answers

What classifies someone as underemployed in Botswana?

Working fewer than 35 hours a week and available for more hours Signup and view all the answers

What does the table show about the unemployment rates in Botswana over the years?

Gradual increase in female unemployment rates Signup and view all the answers

What trend does the data show regarding female labor force participation rates in Botswana?

Decreasing participation rates compared to males Signup and view all the answers