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Employment. What you need to know The Labour Force The number of people aged 16 or over who either have a job (employed) or are actively looking for.

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Presentation on theme: "Employment. What you need to know The Labour Force The number of people aged 16 or over who either have a job (employed) or are actively looking for."— Presentation transcript:

1 Employment

2 What you need to know

3 The Labour Force The number of people aged 16 or over who either have a job (employed) or are actively looking for one (unemployed) The labour force is directly related to the population (currently 64m in the UK) What is the labour force now? What will change the population? The percentage of the population who are in the Labour Force is called the ‘participation rate’ (some people don’t want jobs; can’t have jobs)

4 Employment, unemployment and underemployment Employment – The total number of people with a job (includes full-time, part- time, working for a company, self-employed) Unemployment – the total number of people able, available and willing to work at the going wage rate but who cannot find work despite an active search – This is expressed as a percentage of the labour force – Measured by Labour Force Survey or Claimant Count Underemployment – Those whose employment status is less than desired, typically working in a part time job when they want a full time job, or when their skills are not being fully utilised in their current job

5 Conducted according to International Labour Organisation (ILO) methodology so internationally comparable Survey of about 45,000 households with 100,000 people Each household is interviewed in an assigned week in a quarter and the survey is completed after 13 weeks (a quarter) – Result is a 3 month rolling average People are counted as unemployed if they are aged 16 and above and are: – without a job, have been actively seeking work in the past four weeks and are available to start work in the next two weeks, or – out of work, have found a job and are waiting to start it in the next two weeks – Includes people who are unemployed but are not necessarily claiming benefit (may not qualify) The Labour Force Survey

6 The Claimant Count A monthly measure which counts only those people who are claiming Jobseeker's Allowance (or claiming Universal Credit and are unemployed) People who can claim JSA must: – Be available, and actively looking for work – Be 18, but under State Pension age (with possible exceptions) – Not be in full time education – Currently work less than 16 hours per week (on average) Two types of JSA – Contribution based. Depending on how much national insurance a person has paid in the previous 2 years. Can receive for 6 months. Amount paid may be lowered if the person has other income. May then receive income based – Income-based. If you do not qualify for contribution based. Cannot receive if partner works more than 24 hours a week or if combined savings are more than £16,000. No time limit.

7 Can they claim Jobseeker’s Allowance? Student in full time education Not entitled

8 Can they claim Jobseeker’s Allowance? Recently made redundant 43 year old steel worker

9 Can they claim Jobseeker’s Allowance? Person with savings of £12000 Only when you have more than £16,000 – you can’t claim!

10 Can they claim Jobseeker’s Allowance? Housewife who does not wish to work


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