Which term defines a person over 15 who is actively looking for work and capable of starting work in the near future?

Enhance your understanding of Year 10 Economics in Australia with interactive quizzes. Study with multiple-choice questions, hints, and detailed explanations to prepare for your exam!

Multiple Choice

Which term defines a person over 15 who is actively looking for work and capable of starting work in the near future?

Explanation:
Unemployment is the state of not having a job while actively seeking work and being available to start soon. The description fits perfectly: a person of working age who isn’t employed but is actively looking for work and can start in the near future. The other terms describe broader concepts or different situations: the labour force includes both those who are employed and those who are unemployed; the participation rate measures what portion of the working-age population is in the labour force; underemployment refers to people who are employed but want more hours or a better match to their skills. So this person is best described as unemployed.

Unemployment is the state of not having a job while actively seeking work and being available to start soon. The description fits perfectly: a person of working age who isn’t employed but is actively looking for work and can start in the near future. The other terms describe broader concepts or different situations: the labour force includes both those who are employed and those who are unemployed; the participation rate measures what portion of the working-age population is in the labour force; underemployment refers to people who are employed but want more hours or a better match to their skills. So this person is best described as unemployed.

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