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23 December, 20:58

Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay, apply the theories of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these individuals qualifies for unemployment benefits

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  1. 23 December, 21:43
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    In Marcelle's case she is affected by Cyclical unemployment unemployment which arises when people lose their jobs as a result of market contraction or downturn in aggregate demand in the economy.

    Dominic's cause of unemployment is called voluntary unemployment, which occurs when an individual decides to leave his job to seek another job elsewhere. Often times this individuals feel that they may get better compensation or wages in another location.

    Francine has just experienced Seasonal unemployment which occurs when an individual is unemployed because the industry in which they work only render services in certain times of the year such as summer or winter.

    Beauvoir has been affected by structural unemployment, which happens when an individual becomes unemployed because the company decides to change the structure of it's labor force, eg from manual labor to digitalization of the work environment.

    Therefore, all individuals except Dominic is qualified for unemployment benefits, because Dominic decided to quit his job not due to reasons beyond his control, like a layoff.
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