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RE: ECONOMIC CONTEST (3rd week)

in #contest6 years ago

1- what is unemployment ?

  • This is when we have zero means of income.

2- what is participation rate ?

  • This is the group of employed people or people who are actively looking for a work.

3- differentiate between unemployment and participation rate ?

  • . Participation rate includes those who have jobs and also includes those who are looking for jobs but not those who are not actively looking for jobs. Unemployment includes everyone who does not have a current job regardless of if they are looking for one or not.

4- What are the factors responsible for women high participation rate ?

  • I don't know.

5- In your in opinion, do you think employment only can bring about development in a country?

  • Not only but it certainly doesn't hurt any.

6- Mention any steemian you know sponsor contest ? (This is increase the payout in turn increase the rewards)

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