The Unemployment Rate Is Supposed to Measure ________

question 50

Multiple Choice

The unemployment rate is supposed to measure ________. It is an imperfect measure because ________.

• A)the number of unemployed plus the number of discouraged searchers expressed as a percentage of the labour force; it excludes the discouraged searchers because Statistics Canada considers them as employed
• B)the percentage of the working-age population who are unemployed; it is impossible to count everyone in the working-age population
• C)the percentage of the labour force who are unemployed; it is impossible to count everyone in the labour force
• D)the underutilization of labour resources; it excludes some underutilized labour and some unemployment is unavoidable
• E)the underutilization of labour resources; it includes part-time workers and excludes discouraged workers

Identify various HR supply forecasting techniques and their characteristics.

Grasp the process of ascertaining HR supply to meet organizational demand.

Comprehend the issues and strategies related to supplying personnel.

Understand the purpose of mass customization in HR and its impact on employee retention.

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Definitions:

Readiness

The state or level of being prepared and willing to undertake or receive something, such as learning or behavioral change.

Educational Background

The formal schooling or training an individual has received, often including degrees earned, certifications, and significant coursework.

Discharge Instructions

Directions provided by healthcare professionals to a patient upon discharge from hospitalization or a medical procedure, detailing care and activities to follow at home.

Grade Level

The classification of school levels in educational systems to organize students by their year of study.