Employees
Why are employees essential to every business?
They are the ‘glue’ for the business, and without them, businesses would be unable to produce the goods and services that we like to consume.
What is the labour force?
The labour force are the people in a population/country who are willing and able to work.
What is unemployment?
The people in a labour force who are willing/able to work but who don't have a job.
False.
18-65 years old
What does the unemployment level tell the government of a country?
It tells the government whether they are doing a good or bad job at giving people employment opportunities, and helping its citizens make a good living?
Why can't small businesses only run on machines?
There are other jobs like keeping track of production, coming up with new ideas, and selling goods that machines cannot do!
Why is the labour force important?
It tells the government how many people are employed and unemployed.
The higher the unemployment level...
The lower the economic strength of a country.
True or false: people who are not searching for a job and are not able to do the job are in the labour force.
False.