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31 December, 12:06

For each situation described here, determine the type of unemployment: a. High-tech workers where there are no high-tech jobs. Frictional Structural Cyclical Seasonal b. A stay-at-home dad looking for temporary work at a department store for the Christmas holiday. Frictional Seasonal Cyclical Structural c. A soldier that recently discharged from the army and is looking for work in private security. Cyclical Seasonal Frictional Structural d. Falling national incomes cause people to eat out less often. This causes cooks to lose jobs. Cyclical Seasonal Structural Frictional

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  1. 31 December, 15:17
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    (a) There is no high tech jobs available for the high-tech workers and hence they are unemployed. So, this is a type structural unemployment.

    (b) A stay at home dad looking for a job for a Christmas holiday which indicates that it is a seasonal unemployment.

    (c) A soldier is searching a job which shows that it is a frictional unemployment.

    (d) There is a fall in the national income of a nation, this is due to the recession and because of recession, individuals loosing their jobs. Hence, reduction in the consumption level. Therefore, it is a type of cyclical unemployment.
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