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Economics · Oct / Nov 2025 · Paper 12 · Question 23

2281Employment and unemployment

What are the correct definitions of unemployment and employment relative to the number of people of working age?

  1. Aunemployment: those who want a job but cannot get one at the current wage rate; employment: those who are not in full-time education
  2. Bunemployment: those who want a job but cannot get one at the current wage rate; employment: those who have a job at the current wage rate
  3. Cunemployment: those without a job; employment: those who are not in full-time education
  4. Dunemployment: those without a job; employment: those who have a job at the current wage rate

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Correct answer: B. unemployment: those who want a job but cannot get one at the current wage rate; employment: those who have a job at the current wage rate

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