8) The text lists four types of unemployment, structural, cyclical, frictional, or seasonal. Which type is each of the following? explain a. You quit your job in Kars because you are tired of cold weather, drive to Antalya and look for work. b. You are laid off from Alpha Computer, Inc., because demand for computers has fallen off in the current recession. c. You have 15 years experience as a pipeline worker, but number of pipeline projects is declining and you cannot find a company that is hiring pipeline workers. d. You, a high school dropout, can find no openings for manual labor, and you are not qualified for any of the openings that do exist. e. You have just graduated from secretarial school with strong word-processing skills, but as you looks for work she discovers that almost every business in town is laying off clerical staff. f. You are a construction worker. Because of adverse weather during the winter, you have been laid off from your job. You are available for work and have even sought work with other construction companies.

8) The text lists four types of unemployment, structural, cyclical, frictional, or seasonal. Which type is each of the following? explain a. You quit your job in Kars because you are tired of cold weather, drive to Antalya and look for work. b. You are laid off from Alpha Computer, Inc., because demand for computers has fallen off in the current recession. c. You have 15 years experience as a pipeline worker, but number of pipeline projects is declining and you cannot find a company that is hiring pipeline workers. d. You, a high school dropout, can find no openings for manual labor, and you are not qualified for any of the openings that do exist. e. You have just graduated from secretarial school with strong word-processing skills, but as you looks for work she discovers that almost every business in town is laying off clerical staff. f. You are a construction worker. Because of adverse weather during the winter, you have been laid off from your job. You are available for work and have even sought work with other construction companies.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Unemployment

Section: Chapter Questions

Problem 6PA

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Similar questions

If many workers become discouraged from looking for jobs, explain how the number of jobs could decline but the unemployment rate could fall at the same time.
What term describes the remaining level of unemployment that occurs even when the economy is healthy?
What is the difference between being unemployed and being out of the labor force?
Under what condition would a decrease in unemployment be bad for the economy?
Would you expect the natural rate of unemployment to remain the same within one country over the long run of several decades?
Under what condition would an increase in the unemployment rate be a positive sign?
What is frictional unemployment? Give examples of frictional unemployment.
Unemployment rates have been higher in many European countries in recent decades than in the United States. Is the main reason for this long-term difference in unemployment rates more likely to be cyclical unemployment or the natural rate of unemployment? Explain briefly.
If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?
While unemployment is highly negatively correlated with the level of economic activity, in the real world it responds with a lag. In other wands, firms do not immediately lay off workers in response to a sales decline. They wait a while before responding. Similarly, firms do not immediately hire workers when sales pick up. What do you think accounts for the lag in response time?