Topic 2 : Unemployment

32問 • 1年前

Mikyii

通報

問題一覧

There are two types of unemployment and these are:

Unavoidable Unemployement, Avoidable Unemployment

There are _______ types of unavoidable unemployment:

three

There are three types of unavoidable unemployment:

Frictional , Structural, Cyclical

It is a temporary unemployment associated with the changes in the economy.

Frictional Unemployment

Frictional : It is a ____________ unemployment associated with the changes in the economy.

temporary

It happens for a number of reasons. Some new entrants into the labor force take time to find jobs, such as a new B.S. Economics graduate taking a one-month vacation before hunting for a job.

Frictional Unemployment

Some workers quit their current jobs to look for something better.

Frictional Unemployment

Still, some others are unemployed because of temporary disturbance (weather, temporary shutdown for renovation of the plant or building).

Frictional Unemployment

It occurs when the location and qualifications of the labor force do not match the available jobs.

Structural Unemployment

Structural : It occurs when the location and qualifications of the labor force _______ match the available jobs.

do not

For example, when California Manufacturing Corporation moved its factories from Sucat to Laguna, hundreds or even a thousand workers were displaced because some were unwilling to be relocated to its new location.

Structural Unemployment

Changes in technology because this type of During the early 90s, the "in" thing was the pager.

Structural Unemployment

With the advent of the cellular phone, a lot of pager operators were displaced caused by the advancement in technology in the telecommunication industry.

Structural Unemployment

The skills may be also lacking in the labor force.

Structural Unemployment

In the Philippines, are available are in the agricultural sector so the country needs more agriculturists and other skills related to this sector.

Structural Unemployment

Colleges and universities, however, produce more graduates, nurses, and the like that are not related to agriculture. This results to _________________.

structural Unemployment

Unemployment caused by the recession phase of the business cycle.

Cyclical Unemployment

Cyclical : Unemployment caused by the ___________ phase of the business cycle.

recession

It is caused by inadequate total spending.

Cyclical Unemployment

Cyclical : It is caused by _____________ total spending.

inadequate

As the overall demand for goods and services decreases, unemployment rises.

Cyclical Unemployment

Cyclical : As the overall demand for goods and services __________, unemployment _______..

decrease, rises

This refers to Unemployment usually associated with insufficient demand for workers caused by many factors such as poor performance of the economy.

Avoidable Unemployment

Avoidable Unemployment : This refers to Unemployment usually associated with ____________ demand for workers caused by many factors such as ______ performance of the economy.

insufficient, poor

_____________ does not mean that unemployment rate is 0% ______________is unavoidable unemployment or if cyclical unemployment is zero.

Full Employment, Full Employment

Full employment _______ mean that unemployment rate is _____ Full employment is ___________ unemployment or if __________ unemployment is _____

does not, 0%, unavoidable, cyclical, zero

The ______________ rate of unemployment is referred to as the natural rate of unemployment.

Full employment

There are persons who are already employed but they express the desire to have additional hours of work in their present job or in an additional job, or to have a new job with longer working hours.

Underemployment

A person is considered ____________ underemployed if the person already worked 40 hours during the reference week but still want additional hours of work; and

A person is considered invisibly underemployed if the person already worked _______ during the reference ______ but still want additional hours of work; and

40 hours, week

A person is considered _________ underemployed if the person worked less than 40 hours during the reference week and wanted additional hours of work.

visibly

A person is considered visibly underemployed if the person worked _____ than ________ during the reference ______ and wanted additional hours of work.

less, 40 hours, week

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Topic 2 : Inflation

Topic 2 : Inflation

問題一覧

There are two types of unemployment and these are:

Unavoidable Unemployement, Avoidable Unemployment

There are _______ types of unavoidable unemployment:

three

There are three types of unavoidable unemployment:

Frictional , Structural, Cyclical

It is a temporary unemployment associated with the changes in the economy.

Frictional Unemployment

Frictional : It is a ____________ unemployment associated with the changes in the economy.

temporary

It happens for a number of reasons. Some new entrants into the labor force take time to find jobs, such as a new B.S. Economics graduate taking a one-month vacation before hunting for a job.

Frictional Unemployment

Some workers quit their current jobs to look for something better.

Frictional Unemployment

Still, some others are unemployed because of temporary disturbance (weather, temporary shutdown for renovation of the plant or building).

Frictional Unemployment

It occurs when the location and qualifications of the labor force do not match the available jobs.

Structural Unemployment

Structural : It occurs when the location and qualifications of the labor force _______ match the available jobs.

do not

Structural Unemployment

Changes in technology because this type of During the early 90s, the "in" thing was the pager.

Structural Unemployment

With the advent of the cellular phone, a lot of pager operators were displaced caused by the advancement in technology in the telecommunication industry.

Structural Unemployment

The skills may be also lacking in the labor force.

Structural Unemployment

In the Philippines, are available are in the agricultural sector so the country needs more agriculturists and other skills related to this sector.

Structural Unemployment

Colleges and universities, however, produce more graduates, nurses, and the like that are not related to agriculture. This results to _________________.

structural Unemployment

Unemployment caused by the recession phase of the business cycle.

Cyclical Unemployment

Cyclical : Unemployment caused by the ___________ phase of the business cycle.

recession

It is caused by inadequate total spending.

Cyclical Unemployment

Cyclical : It is caused by _____________ total spending.

inadequate

As the overall demand for goods and services decreases, unemployment rises.

Cyclical Unemployment

Cyclical : As the overall demand for goods and services __________, unemployment _______..

decrease, rises

This refers to Unemployment usually associated with insufficient demand for workers caused by many factors such as poor performance of the economy.

Avoidable Unemployment

Avoidable Unemployment : This refers to Unemployment usually associated with ____________ demand for workers caused by many factors such as ______ performance of the economy.

insufficient, poor

_____________ does not mean that unemployment rate is 0% ______________is unavoidable unemployment or if cyclical unemployment is zero.

Full Employment, Full Employment

Full employment _______ mean that unemployment rate is _____ Full employment is ___________ unemployment or if __________ unemployment is _____

does not, 0%, unavoidable, cyclical, zero

The ______________ rate of unemployment is referred to as the natural rate of unemployment.

Full employment

There are persons who are already employed but they express the desire to have additional hours of work in their present job or in an additional job, or to have a new job with longer working hours.

Underemployment

A person is considered ____________ underemployed if the person already worked 40 hours during the reference week but still want additional hours of work; and

A person is considered invisibly underemployed if the person already worked _______ during the reference ______ but still want additional hours of work; and

40 hours, week

A person is considered _________ underemployed if the person worked less than 40 hours during the reference week and wanted additional hours of work.

visibly

A person is considered visibly underemployed if the person worked _____ than ________ during the reference ______ and wanted additional hours of work.

less, 40 hours, week