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There are four main types of unemployment in an economy—frictional, structural, cyclical, and seasonal</em></h2>
1- Frictional unemployment. Frictional unemployment is caused by temporary transitions in workers’ lives, such as when a worker moves to a new city and has to find a new job. Frictional unemployment also includes people just entering the labor force, such as freshly graduated college students. It is the most common cause of unemployment, and it is always in effect in an economy.
2- Structural unemployment. Structural unemployment is caused by a mismatch in the demographics of workers and the types of jobs available, either when there are jobs available that workers don’t have the skills for, or when there are workers available but no jobs to fill. Structural unemployment is most obvious in industries undergoing technological advancements. For example, in the farming industry, much of the work is becoming mechanized, which means that fewer farmers are needed and many are let go. When these farmers go to cities to find work, they may find no other similar jobs in which to apply their skills.
3- Cyclical unemployment. Cyclical unemployment is caused by declining demand: when there is not enough demand in an economy for goods and services, businesses cannot offer jobs. According to Keynesian economics, cyclical unemployment is a natural result of the business cycle in times of recession: if all consumers become fearful at once, consumers will attempt to increase their savings at the same time, which means there will be a decrease in spending, and businesses will not be able to employ all employable workers.
4- Seasonal unemployment. Seasonal unemployment is caused by different industries or parts of the labor market being available during different seasons. For instance, unemployment goes up in the winter months, because many agricultural jobs end once crops are harvested in the fall, and those workers are left to find new jobs.
Explanation:
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Is that a question?
I am not sure how to answer that
The international events and domestic changes prompted England to begin colonization were The Protestant Reformation, Population boom, Landlords enclosing crops, Spanish Armada, Depression and Increase in English Spirit.
Colonization efforts began within the seventeenth century with unsuccessful makes an attempt by England to ascertain permanent colonies within the North.
The Protestant Reformation had vital effects for England. The monarch became the top of the Christian church of England, monasteries were abolished and their wealth condemned, and there have been vital changes in church services, notably the employment of English language and not Latin
To learn more about Protestant Reformation here
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People who make judgments in lower federal courts are called judges. This is the person who leads and decides the merit of actions in the lower spheres.
The correct answer is Bounty
The book by academics Erik Brynjolfsson and Andrew McAfee, respectively director and chief researcher at the MIT Digital Business Center, is a kind of three in one of futurology.
No mention of globalization - and yet the earnings of workers in rich countries are likely to have migrated less to the world of metals linked by screws and chips, and more to the world of the poorest countries, especially in Southeast Asia.
This is not so much a fault of the authors. This is a limitation of futuristic projections. When extrapolating some trends, it is natural to forget others.
