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Textbook Site for:
Macroeconomics , Fifth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Internet Exercises
Controversy over Labour Statistics


Examine the International Labour Organization's document entitled: "Controversy over Labour Statistics."

Questions

  1. Explain why the "reference period" is important.
  2. Discuss the advantages and disadvantages of household and establishment surveys as tools to measure employment and unemployment.
  3. Explain why the author(s) of this document argue that measured unemployment statistics for developing economies may be likely to hide serious underemployment problems.




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