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Labor Econ CAT TWO

The document outlines a series of questions related to labor economics, focusing on topics such as unemployment in developing countries, occupational and geographical mobility of labor, functions of trade unions, and factors affecting labor supply and productivity. It also includes calculations related to labor statistics such as unemployment rate and labor force participation. Each question is designed to assess understanding of key concepts in labor economics.

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22 views1 page

Labor Econ CAT TWO

The document outlines a series of questions related to labor economics, focusing on topics such as unemployment in developing countries, occupational and geographical mobility of labor, functions of trade unions, and factors affecting labor supply and productivity. It also includes calculations related to labor statistics such as unemployment rate and labor force participation. Each question is designed to assess understanding of key concepts in labor economics.

Uploaded by

fakespam690
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LABOR ECONOMICS – CAT TWO

ANSWER ALL THE QUESTIONS


1) Explain the factors that contribute to a rise in unemployment in developing countries?
(4marks)
2) Describe occupational mobility of labor giving two examples? (4marks)
3) Describe Four functions of trade unions? (4marks)
4) What is the significance of the Central Organization of Trade Unions for the labor force?
(6marks)
5) What are the functions of a trade union? (6marks)
6) Explain the geographical mobility of labor and discuss methods to enhance this
mobility? (6 Marks)
7) Provide details on the factors that impede the geographical mobility of labor? (6marks)
8) Explain reasons why an employee might earn a higher income than their peers?
(3marks)
9) Which categories are considered in the calculation of unemployment? (4marks)
10) What are the factors that lead to the movement of the labor supply curve? (6marks)
11) How does the labor market's supply and demand impact skilled and unskilled workers?
12) Explain the following:
a) Those who are cyclically unemployed (2marks)
b) Individuals who are structurally unemployed (2marks)
c) People who are frictionally unemployed (2marks)
d) Those who are seasonally unemployed (2marks)
13) Explain the concept of real wage using an example? (3marks)
14) Explain the concept of labor force using an example? (3marks)
15) Explain the concept of underemployment using an example? (3marks)
16) What are the factors that lead to an increase in the labor supply? (6marks)
17) Explain the factors that lead to an increase in labor productivity? (4marks)
18) The key statistics related to the working age population, employment, and
unemployment are provided as follows.
 Working-age population: 10,000
 Employed population: 6,000
 Unemployed population: 1,000
Using the provided data, calculate the following:
a) Unemployment rate (5marks)
b) Labor force (5marks)
c) Labor force participation rate (5marks)
d) Employment-population ratio (5amrks)

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