Pleasestatethedefinitionforthethreetypesofunemploymentdiscussedinthecourse.Providean

explanationforeach.

Q2.Provideforacontemporarysituationtoillustratetheabovesituation

(a) Whatdoesahighrateofcyclicalunemploymentmeanforeconomicgrowthrelativetothelong

term?Brieflyexplainyouranswer.

(b) Whatwillhappentotherateofstructuralunemploymentifaneconomicslowdownmeanstaxi

driverslosetheirjobs?Brieflyexplainyouranswer.

(c) Hastheincreaseintheuseoftechnology(e.g.internet)inrecentyearshelpedreducetheaverage

timeoffrictionalunemploymentrelativetothe1980sand1990swhenmostcommunication

betweenpotentialemployersandemployeeswerebasedontraditionallettersandtelephone

calls?Brieflyexplainyouranswer.

Q3.Provideamisstatementrelatedtoaconcepttaughtinthiscourse

Thefollowingthreestatementsareallfalse.Brieflyexplainwhythisisso.

(a) Asuddenincreaseinchildrenbornlastyearhascausedthesizeofthelabourforcetoincrease.

(b) Allparttimeworkersareunderemployed.