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11 February, 19:27

In this assignment, different "types" of unemployment are described (frictional, structural, and cyclical). If you were unemployed, and you had a choice among these types, which would you choose and why?

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  1. 11 February, 23:01
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    The correct answer to this open question is the following.

    I would choose the frictional unemployment, that is the result of a common turnover ratio in the work market. The reason why is because it gives employees a chance to aspire to new and better jobs. Sometimes when you stay in one place too long, you create a routine that limits new creations and squash new ideas. It is good to leave and try something new although it represents a risk and often there is a time lag to find the best job in the market. One that matches your aspirations, salary, and possibilities of growth in the company's hierarchy.
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Home » Business » In this assignment, different "types" of unemployment are described (frictional, structural, and cyclical). If you were unemployed, and you had a choice among these types, which would you choose and why?
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