Seasonal Unemployment
Structural Unemployment This occurs due to a mismatch of skills in the labour market it can be caused by: b) geographical Immobility's. This refers to the difficulty in moving regions to get a job. c) Technological Change. If there is the developments of labour saving technology in some industries there will be a fall in demand for labour. d) Structural change 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 competitive labour market 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. Demand Deficient or "Cyclical Unemployment" This occurs when the economy is below full capacity. E.g. in a recession when AD falls there will be a fall in output, therefore firms will employ less workers because they are producing less goods. Seasonal Unemployment Unemployment tends to be higher during certain times of the year, either in summer or winter depending on the country. Measures of public policy. · Job creation · Creation of employment exchanges and other kinds of placement services. · Creation of possibilities for retraining and a training for a new profession of the unemployed; · Advanced training of workers; · Restraint of technological progress and-or delay of rates of introduction of its results.
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