Question

Which of the following quantities does not refer to labour force dynamics? A. Net flows of...

Which of the following quantities does not refer to labour force dynamics?

  • A. Net flows of workers in and out of employment

  • B. The stock of long-term unemployed workers

  • C. The average duration of unemployment

  • D. Gross flows of workers in and out of employment

  • E. Net flows in and out of unemployment

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Answer #1

Answer- Correct option is 'B'

The stock of long-term unemployed workers does not refer to labour force dynamics, because the labour force dynamics refers to the change in jobs that take place as well as entries into and departures from economic activity affected by hirings, seperations and the establishment and closure of self-employment activities. It basically shows the net flows of workers in and out of employment, the average duration of unemployment, gross flows of workers in and out of employment, net flows in and out of unemployment.

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