Demand -deficient Unemployment
Amanda is a clerk.She has been one for more then 10 years. She works at Tesco in Bratislava Slovakia. With the installation of automated self scanners. She lost her job. She lost it because the company had no more intention for her. With the installation of these new devices the demand for clerks decreases causing some of the workers to loose their job. Amanda is currently searching for a job but is unemployed.
Real-wage Unemployment
Jenny is a team leader of a marketing group in a multinational company. She is also part of a Labor Union. She joined because she believed the amount that they raised her salary. She was very excited to work for 6 months with a 20% greater gross profit. However more and more workers of this huge company joined the union. The union became so large, they started demanding a 30% increase in salary. The workers loved it, until 10% got laid off. Jenny was one of them. The company could not lose so much money on so many workers therefore they just fired the extra ones. This is an example of real wage unemployment.
Frictional Unemployment
Seasonal Unemployment
Structural Unemployment
There are a variety of factors that contribute to the unemployment rate in any economy but there are five distinct types of unemployment. Your goal is to accurately illustrate the types of unemployment with a detailed story of an individual person who fits the characteristics of each category. To do this, you will need to be very creative while maintaining a focus on the definition, causes and solutions for each type of unemployment.
Start of with a detailed description of the person - name - demographic information (such as city, country, family size) - information about the type of industry and job in which they were employed - type of training and experience - the conditions or causes of the person's unemployment - the possible solutions which may lead to future employment or the conditions which may lead to longterm unemployment.
Start of with a detailed description of the person - name - demographic information (such as city, country, family size) - information about the type of industry and job in which they were employed - type of training and experience - the conditions or causes of the person's unemployment - the possible solutions which may lead to future employment or the conditions which may lead to longterm unemployment.
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