Flashcard Definition
Individuals are economically inactive if they are not currently employed, and are not actively seeking employment
Block Type
Flashcard
High labour market inactivity indicates a higher number of people out of employment, decreasing the size of the labour pool.
Labour market inactivity is currently high in Scotland, the Fraser of Allander Institute have published a helpful article demonstrating the causes of labour market inactivity and the potential implications:
Economic inactivity and ill-health in Scotland | FAI
Inactivity is an indicator of the state of the labour market that measures how much of the population is not in work and is not ready to start work in the near future. It is typically calculated…
fraserofallander.org