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put missing words a) The housing market is depressed which means fewer houses are being sold. Typically, this happens in a when households incomes and
put missing words
a) The housing market is depressed which means fewer houses are being sold. Typically, this happens in a when households incomes and condence are falling. A can be caused by a fall in and therefore Jimenez as a surveyor is most likely to be unemployed. As the question states the local housing market, it could also be unemployment (due to immobility) if the housing slump is not widespread. It is unlikely to be as Jiminez has been unemployed for 6 months which should be enough time to find a job if there is no of skills. b) As Cane is looking for a job within travelling distance it could point to unemployment (due to ) if there are suitable jobs further away that are not considered within travelling distance of home. It could also be unemployment (due to ) as he worked in a factory and it may be the case that the effects of d (decline of the manufacturing sector) means there are no longer other factories to employ him. As he was a manager rather than an operative it is likely that his skills will be useful in a range of occupations including managing in the service sector. Therefore, it is reasonable to expect him to have found a job by now (18 months) in the local area. As he hasn't this suggests this unemployment could be i.e. a general fall in demand in the economy meaning that fewer workers and managers are required overall. Recessions can last 2Step by Step Solution
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