INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Basic Concepts and National Income Accounting soru detayı:

PAYLAŞ:

SORU:

Please define the concepts of employment and unemployment briefly.


CEVAP:

Employment is being hired the people deciding to work and earn income in order to benefit their labor services. Here, the phrase “being hired” means working not by force but rather willingly. In an economy, hired people and people actually seeking for a job together constitute the total labor force. Another way to find out the labor force figure is to subtract the sum of people who are not willing to work for current wage rate and
are insufficient physically and mentally from the sum of population within the range of workable ages. Here, it is required to make a clear definition for unemployment. Can we name the situation of people who are not willing to work for current wage rate as unemployment? It is difficult to answer this question positively. Because in an economy, the term “unemployed” is used for the person who is willing and able to work, but not finding a job even accepting the current wage rate.