Question
Identify and explain the type of unemployment in each situation: a ) ) New graduates looking for a suitable job for the first time. b
Identify and explain the type of unemployment in each situation:
a) New graduates looking for a suitable job for the first time.
b) Mary lost her job during the Global Financial Crisis when her employer retrenched a number of employees in order to lower operating costs.
c) Workers become unemployed because their skills were automated as a result of technological advances. It has been difficult for them to find work in other industries because their skills are not applicable.
d) Peter resigned from his previous job and waiting to start a new job in 3 weeks time.
e) Claire works on a casual basis for a ski resort during winter season that usually lasts for 3 months. She has been unable to get a job during the non−winter seasons.
f) Workers are facing job losses in industries that are no longer competitive and declining in size. These workers have to develop new skills to find work.
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The question asks to identify and explain the type of unemployment in each given situation Unemployment can be divided into several types Frictional S...Get Instant Access to Expert-Tailored Solutions
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