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AP Flashcards

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8158409092Human resources / labor forceCreation, production, provision of products and services0
8158409093Young population0-141
8158409094Working population15-642
8158409095Old population65 above3
8158409096Agriculture, industry and service3 sectors4
8158409097UnderemploymentLess than 8 hours of work (part time only). Their job does not match their skills and educational attainment. The salary is below or insufficient for their basic needs.5
8158409098Philippine overseas employment administrationPOEA6
8158409099Department of labor and employmentDOLE7
8158409100Department of trade and industryDTI8
8158409101International labor organizationILO9
8158409102Technical educational and skills development authorityTESDA10
8158409103Job interviewAvoidance of unemployment and underemployment possibilities11
8158409104Structural unemploymentOccurs when changes in demand in an economy leads to an increased need for particular skills and abilities from workers and causes other skills and abilities to become unneeded or obsolete. A mismatch between the jobs available and the skill levels of the unemployed.12
8158409105Frictional unemploymentOccurs when a person chooses to leave their present job to find another job or is searching for a job for the first time or is searching for a job following a period of not being in the workforce. When workers leave their jobs to find better one.13
8158409106Cyclical unemploymentOccurs when market demand for a certain goods or services decreases and results in decreased production until market demand increases. When workers lose their jobs because of downturns in the business cycle.14
8158409107Seasonal unemploymentOccurs in relation of time and season. Others are just employed for a particular season or time or holidays15

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