Ch 4.2 : Unemployment

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What is the Economically Active Population (EAP) in South Africa?

Only individuals who are employed in the formal sector

All individuals over 16 who are either employed or actively seeking employment (correct)

All individuals who have completed their tertiary education

All individuals over 65 who are employed

What is the formula for calculating the unemployment rate?

Number of unemployed individuals divided by the total EAP, multiplied by 100 (correct)

Number of employed individuals divided by the total population

Number of employed individuals divided by the total EAP, multiplied by 100

Number of unemployed individuals divided by the total population

What type of unemployment occurs when individuals switch jobs or enter the workforce?

Frictional Unemployment (correct)

Structural Unemployment

Cyclical Unemployment

Seasonal Unemployment

Which of the following is a characteristic of unemployment in South Africa?

Lack of skills in the population Signup and view all the answers

What typically results in reduced demand for goods and services?

Economic downturns Signup and view all the answers

What is a cause of unemployment in South Africa?

Population growth rate surpassing job creation Signup and view all the answers

What is a result of industrial reorganization in South Africa?

Structural Unemployment Signup and view all the answers

What is a direct consequence of high unemployment rates?

Poverty Signup and view all the answers

Which age group faces high unemployment rates in South Africa?

16-24 years old Signup and view all the answers

Which of the following approaches focuses on acquiring skills urgently needed in the market?

JIPSA Signup and view all the answers

What is the primary goal of Public Works Programs?

To create jobs and develop skills Signup and view all the answers

What is a historical reason for unemployment in South Africa?

Policies from the apartheid era Signup and view all the answers

What provides temporary financial assistance to qualified individuals who have lost their jobs?

Unemployment Insurance Fund (UIF) Signup and view all the answers

What is a consequence of mechanization and technological advancements in South Africa?

Redundancy of many traditional jobs Signup and view all the answers

Which groups have historically had lesser economic opportunities and face higher risks of unemployment?

Economically marginalised groups Signup and view all the answers

What is a type of unemployment associated with the economic cycles?

Cyclical Unemployment Signup and view all the answers

What is a key component of addressing unemployment in South Africa?

Multifaceted approach Signup and view all the answers

What is a result of increased unemployment rates?

Increased government expenditure on social welfare Signup and view all the answers

What is essential for job creation and economic diversity?

Support for Small and Medium Enterprises (SMMEs) Signup and view all the answers

What is the primary focus of the promotion of local production?

To support local businesses and job creation Signup and view all the answers

What is a significant social problem resulting from high unemployment rates?

Increased crime Signup and view all the answers

What is the primary goal of government programs and initiatives aimed at solving unemployment?

To promote economic growth and reduce unemployment Signup and view all the answers

Which of the following is NOT a characteristic of the Unemployment Insurance Fund (UIF)?

Covers those who have never been employed Signup and view all the answers

What is a key component of addressing unemployment in South Africa?

Education reform and skills development Signup and view all the answers

What is a direct consequence of job cuts in an economic downturn?

Reduced demand for goods and services Signup and view all the answers

What is the primary focus of the promotion of local production?

To support local businesses and job creation Signup and view all the answers

Which groups face higher risks of unemployment?

Historically disadvantaged groups Signup and view all the answers

What is a result of increased unemployment rates?

Increased social welfare expenditure Signup and view all the answers

What is essential for addressing unemployment in South Africa?

A multifaceted approach that includes education reform, skills development, and targeted social policies Signup and view all the answers

What is a consequence of high unemployment rates?

Social problems, including substance abuse and familial stress Signup and view all the answers

What is the primary effect of a lack of skills on unemployment in South Africa?

It creates a mismatch between the skills of the workforce and the jobs available. Signup and view all the answers

Which of the following is a characteristic of cyclical unemployment?

It is associated with the economic cycles. Signup and view all the answers

What is the primary consequence of population growth outpacing job creation?

An increase in unemployment rates. Signup and view all the answers

What is the impact of mechanization and technological advancements on traditional jobs?

They make many traditional jobs redundant. Signup and view all the answers

What is a historical reason for the lack of skills in the South African workforce?

Policies from the apartheid era. Signup and view all the answers

What is the primary consequence of seasonal unemployment on a particular industry?

It causes fluctuations in employment levels throughout the year. Signup and view all the answers

What is the primary impact of industrial reorganization on the workforce?

It leads to an increase in structural unemployment. Signup and view all the answers

What is the primary reason for high unemployment rates among young people in South Africa?

A lack of skills and experience. Signup and view all the answers

What is the impact of a lack of skills on the economy?

It reduces the competitiveness of the economy. Signup and view all the answers

What is the primary consequence of high unemployment rates on society?

It has a wide-ranging impact on society. Signup and view all the answers

What is the primary consequence of high unemployment rates on the taxpayer?

Increased government expenditure on social welfare Signup and view all the answers

Which of the following initiatives does NOT focus on acquiring skills urgently needed in the market?

GEAR and ASGI-SA Signup and view all the answers

What is a direct consequence of job cuts in an economic downturn?

Increased unemployment rates Signup and view all the answers

Which of the following groups is NOT economically marginalised?

Small and Medium Enterprises (SMMEs) Signup and view all the answers

What is the primary goal of government programs and initiatives aimed at solving unemployment?

Halving poverty and unemployment by targeted years Signup and view all the answers

What is a consequence of high unemployment rates on society?

Increased social problems Signup and view all the answers

Which of the following is a characteristic of the Unemployment Insurance Fund (UIF)?

Provides temporary financial assistance to qualified individuals who have lost their jobs Signup and view all the answers

What is essential for job creation and economic diversity in South Africa?

Support for Small and Medium Enterprises (SMMEs) Signup and view all the answers

What is a result of mechanization and technological advancements in South Africa?

Increased unemployment rates Signup and view all the answers

What is a key component of addressing unemployment in South Africa?

Education reform and skills development Signup and view all the answers

What is the primary reason why the unemployment rate in South Africa is not a definitive measure of the country's unemployment problem?

It does not account for discouraged workers. Signup and view all the answers

Which of the following is a consequence of both frictional unemployment and structural unemployment?

Mismatch between job seekers' skills and available jobs. Signup and view all the answers

What is the primary difference between cyclical unemployment and seasonal unemployment?

Cyclical unemployment is caused by economic cycles, while seasonal unemployment is caused by changes in weather patterns. Signup and view all the answers

What is the primary way in which the lack of skills in the South African workforce contributes to unemployment?

It creates a mismatch between job seekers' skills and available jobs. Signup and view all the answers

What is the primary consequence of population growth outpacing job creation in South Africa?

Increased competitiveness for available jobs. Signup and view all the answers

What is the primary reason why mechanization and technological advancements lead to unemployment in South Africa?

They reduce the demand for labor. Signup and view all the answers

What is the primary consequence of historic reasons for unemployment in South Africa?

Disparities in education and skill distribution. Signup and view all the answers

What is the primary way in which the government's measures to mitigate unemployment can address the issue of structural unemployment?

By providing training programs to upskill workers. Signup and view all the answers

What is the primary consequence of a lack of skills on the economy in South Africa?

Reduced economic growth and increased unemployment rates. Signup and view all the answers

What is the primary way in which age-related unemployment is linked to the lack of skills in South Africa?

Young people lack experience, making it harder to find employment. Signup and view all the answers

Ch 4.2 : Unemployment

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Questions and Answers

What is the Economically Active Population (EAP) in South Africa?

What is the formula for calculating the unemployment rate?

What type of unemployment occurs when individuals switch jobs or enter the workforce?

Which of the following is a characteristic of unemployment in South Africa?

What typically results in reduced demand for goods and services?

What is a cause of unemployment in South Africa?

What is a result of industrial reorganization in South Africa?

What is a direct consequence of high unemployment rates?

Which age group faces high unemployment rates in South Africa?

Which of the following approaches focuses on acquiring skills urgently needed in the market?

What is the primary goal of Public Works Programs?

What is a historical reason for unemployment in South Africa?

What provides temporary financial assistance to qualified individuals who have lost their jobs?

What is a consequence of mechanization and technological advancements in South Africa?

Which groups have historically had lesser economic opportunities and face higher risks of unemployment?

What is a type of unemployment associated with the economic cycles?

What is a key component of addressing unemployment in South Africa?

What is a result of increased unemployment rates?

What is essential for job creation and economic diversity?

What is the primary focus of the promotion of local production?

What is a significant social problem resulting from high unemployment rates?

What is the primary goal of government programs and initiatives aimed at solving unemployment?

Which of the following is NOT a characteristic of the Unemployment Insurance Fund (UIF)?

What is a key component of addressing unemployment in South Africa?

What is a direct consequence of job cuts in an economic downturn?

What is the primary focus of the promotion of local production?

Which groups face higher risks of unemployment?

What is a result of increased unemployment rates?

What is essential for addressing unemployment in South Africa?

What is a consequence of high unemployment rates?

What is the primary effect of a lack of skills on unemployment in South Africa?

Which of the following is a characteristic of cyclical unemployment?

What is the primary consequence of population growth outpacing job creation?

What is the impact of mechanization and technological advancements on traditional jobs?

What is a historical reason for the lack of skills in the South African workforce?

What is the primary consequence of seasonal unemployment on a particular industry?

What is the primary impact of industrial reorganization on the workforce?

What is the primary reason for high unemployment rates among young people in South Africa?

What is the impact of a lack of skills on the economy?

What is the primary consequence of high unemployment rates on society?

What is the primary consequence of high unemployment rates on the taxpayer?

Which of the following initiatives does NOT focus on acquiring skills urgently needed in the market?

What is a direct consequence of job cuts in an economic downturn?

Which of the following groups is NOT economically marginalised?

What is the primary goal of government programs and initiatives aimed at solving unemployment?

What is a consequence of high unemployment rates on society?

Which of the following is a characteristic of the Unemployment Insurance Fund (UIF)?

What is essential for job creation and economic diversity in South Africa?

What is a result of mechanization and technological advancements in South Africa?

What is a key component of addressing unemployment in South Africa?

What is the primary reason why the unemployment rate in South Africa is not a definitive measure of the country's unemployment problem?

Which of the following is a consequence of both frictional unemployment and structural unemployment?

What is the primary difference between cyclical unemployment and seasonal unemployment?

What is the primary way in which the lack of skills in the South African workforce contributes to unemployment?

What is the primary consequence of population growth outpacing job creation in South Africa?

What is the primary reason why mechanization and technological advancements lead to unemployment in South Africa?

What is the primary consequence of historic reasons for unemployment in South Africa?

What is the primary way in which the government's measures to mitigate unemployment can address the issue of structural unemployment?

What is the primary consequence of a lack of skills on the economy in South Africa?

What is the primary way in which age-related unemployment is linked to the lack of skills in South Africa?

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