The Unemployment Rate Essay Preview: The Unemployment Rate Report this essay The unemployment rate An unemployed person is one who is able and willing to work yet is unable to find a job. The unemployment rate is the number of unemployed workers divided by the total civilian labor force, which includes both the unemployed and.
What Is Labor Resources Essay Preview: What Is Labor Resources Report this essay It is one of the three major factors of production, the other two being land and input. In the broadest sense, labor can be defined simply as the ability to work or supply workers to a given industry or economic sector. A.
Unemployment in South Africa Definition of Unemployment Barker (1999:165) defines the unemployed person as the one who is without work, is currently available for work, and is seeking or wants to work. The unemployment rate is defined as the number of unemployed persons taken as percentage of the economically active population, which includes both the.
