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What does the Claimant Count measure?
A
The number of people claiming unemployment-related benefits because they are out of work and seeking a job.
B
The Claimant Count is published monthly, using benefit records already held by the government.
C
It creates sampling error, so a small change may not be genuine.
D
The Claimant Count usually undercounts joblessness because some eligible people do not claim benefits.
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3.2.2 Measuring unemployment Flashcards
26 flashcards on OCR GCSE Economics 3.2.2 Measuring unemployment: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.