Podcast
Questions and Answers
What is the Economically Active Population (EAP) in South Africa?
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?
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?
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?
Which of the following is a characteristic of unemployment in South Africa?
What typically results in reduced demand for goods and services?
What typically results in reduced demand for goods and services?
What is a cause of unemployment in South Africa?
What is a cause of unemployment in South Africa?
What is a result of industrial reorganization in South Africa?
What is a result of industrial reorganization in South Africa?
What is a direct consequence of high unemployment rates?
What is a direct consequence of high unemployment rates?
Which age group faces high unemployment rates in South Africa?
Which age group faces high unemployment rates in South Africa?
Which of the following approaches focuses on acquiring skills urgently needed in the market?
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 the primary goal of Public Works Programs?
What is a historical reason for unemployment in South Africa?
What is a historical reason for unemployment in South Africa?
What provides temporary financial assistance to qualified individuals who have lost their jobs?
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?
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?
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 type of unemployment associated with the economic cycles?
What is a key component of addressing unemployment in South Africa?
What is a key component of addressing unemployment in South Africa?
What is a result of increased unemployment rates?
What is a result of increased unemployment rates?
What is essential for job creation and economic diversity?
What is essential for job creation and economic diversity?
What is the primary focus of the promotion of local production?
What is the primary focus of the promotion of local production?
What is a significant social problem resulting from high unemployment rates?
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?
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)?
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 key component of addressing unemployment in South Africa?
What is a direct consequence of job cuts in an economic downturn?
What is a direct consequence of job cuts in an economic downturn?
What is the primary focus of the promotion of local production?
What is the primary focus of the promotion of local production?
Which groups face higher risks of unemployment?
Which groups face higher risks of unemployment?
What is a result of increased unemployment rates?
What is a result of increased unemployment rates?
What is essential for addressing unemployment in South Africa?
What is essential for addressing unemployment in South Africa?
What is a consequence of high unemployment rates?
What is a consequence of high unemployment rates?
What is the primary effect of a lack of skills on unemployment in South Africa?
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?
Which of the following is a characteristic of cyclical unemployment?
What is the primary consequence of population growth outpacing job creation?
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 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 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 consequence of seasonal unemployment on a particular industry?
What is the primary impact of industrial reorganization on the workforce?
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 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 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 society?
What is the primary consequence of high unemployment rates on the taxpayer?
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?
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?
What is a direct consequence of job cuts in an economic downturn?
Which of the following groups is NOT economically marginalised?
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 the primary goal of government programs and initiatives aimed at solving unemployment?
What is a consequence of high unemployment rates on society?
What is a consequence of high unemployment rates on society?
Which of the following is a characteristic of the Unemployment Insurance Fund (UIF)?
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 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 result of mechanization and technological advancements in South Africa?
What is a key component of addressing unemployment 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?
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?
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 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 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 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 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 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 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 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?
What is the primary way in which age-related unemployment is linked to the lack of skills in South Africa?
