go to the website distinct Types of Unemployment
1. Frictional Unemployment:
distinct Types of Unemployment
· This is unemployment caused by habitancy involving in in the middle of jobs, e.g. Graduates or habitancy changing jobs. There will always be some frictional unemployment.
· Also high benefits may encourage habitancy to stay on benefits rather than get work this is sometimes known as "voluntary unemployment"
2. Structural Unemployment
This occurs due to a mismatch of skills in the labour shop it can be caused by:
a) Occupational immobility's. This refers to the difficulties in learning new skills applicable to a new industry, and technological change.
b) geographical Immobility's. This refers to the difficulty in involving regions to get a job.
c) Technological Change. If there is the developments of labour rescue technology in some industries there will be a fall in query for labour.
d) Structural convert in the economy. The decline of the coal mines due to a lack of competitiveness meant that many coal miners were unemployed and they may find it more difficult to get jobs in new industries such as computers
3. Classical or Real Wage Unemployment:
This occurs when wages in a competing labour shop are pushed above the equilibrium. This is sometimes known as "disequilibrium" unemployment. Wages will also be sticky downwards. This could be caused by minimum wages, or trades unions
4. query Deficient or "Cyclical Unemployment"
This occurs when the cheaper is below full capacity. E.g. In a stepping back when Ad falls there will be a fall in output, therefore firms will employ less workers because they are producing less goods.
5. Seasonal Unemployment
Unemployment tends to be higher during clear times of the year, either in summer or winter depending on the country. The Uk government surely produce a seasonally adjusted unemployment form to take this into account.
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