Out of the over 20,000 that apply only about 2,000 go to Princeton a year!
The answer is structural unemployment.
Long-term unemployment brought on by changes in the economy is referred to as structural unemployment.
Even while there are open positions, there is a mismatch between what employers require and what the current workforce can provide.
Long-term structural unemployment typically requires significant reform to reverse.
Technology has a tendency to make structural unemployment worse by marginalizing some employees and making some jobs, like manufacturing, obsolete.
Additional to the business cycle, other factors contribute to structural unemployment. This implies that structural unemployment can persist for decades and that drastic change may be required to address the issue.
Hence, The kind of unemployment that exists when there is a mismatch between a worker's skills and the jobs or the location of jobs available is structural unemployment.
Learn more about unemployment:
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<span>Bond prices have an inverse relationship with interest rates. As bond prices rise, yields will fall. Typically this is bullish for stocks as investors move to the equity marke .Equity is bought and sold in the stock market while debt is bought and sold in the bond market.The Stock Market is a subset of the Capital Market.</span>
Answer:
The $3,600 cash is collected in June
Explanation:
For computing the total cash collected in the June month, first, we have to find the sales of June and may which is based on the collection ratio which is given in the question.
June month collection = June sales × 30%
= $5,000 × 30%
= $1,500
In the question it is given that 30% is collected on June month and remaining i.e 70% collected in the May month or following month.
June month collection based on may sales = 70% × May sales
= 70% × $3,000
= $2,100
So, total cash collected in the June month is equal to
= June month collection + June month collection based on may sales
= $1,500 + $2,100
= $3,600
Hence, the $3,600 cash is collected in June
Answer:
Estimated Payable Days = 39
Explanation:
Given:
Annual account Payable = 4,800
Annual revenue = 75,000
Gross profit margin = 40%
Find:
Payable days
Computation:
Annual expense = Annual revenue(1-Gross profit margin)
Annual expense = 75,000(1-0.4)
Annual expense = 45,000
Estimated Payable Days = [4,800 × 365] / 45,000
Estimated Payable Days = 39
