Preview

Unemployment and High Quality Secretary

Good Essays
Open Document
Open Document
777 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Unemployment and High Quality Secretary
Unemployment in Society

In every society there will always be a number of people who are unemployed. Unemployment is when there are people in our society who desire work but are unable to obtain it because of the fact that there are not enough jobs for everyone. This is bad for the America's economy because there are a lot of able-bodied and willing people out there, who simply cannot find employment.

There are five different types of unemployment: seasonal, frictional, hard-core, structural and cyclical.

Seasonal unemployment is when people are unemployed due to the changing of seasons, because in some seasons there are certain occupations that have a greater demand for work than others. For example, fruit pickers and sheep Shearer’s can work only at certain times of the year and will spend part of each year unemployed unless they can find work. People affected by seasonal unemployment often work very long hours during their working season to make up for the time that they will be unemployed.

Frictional unemployment is caused by people changing jobs constantly. A person who is unhappy with his or her job may quit their job in order to find something more suitable. A high quality secretary might leave her job because she is required to do minimal tasks like making coffee or washing plates and cups, or a factory worker may quit because his employer might not give him time off to attend a carpentry course that will improve his skills and qualifications. It will take both people some time to find new satisfactory positions and during this time they will be unemployed.

Hard-core unemployment is when people do not desire work, or who are willing to work but are unable because they are chronically ill, physically disabled or have some serious psychological problems.

Structural unemployment is the result of structural changes in the economy. This means that what the economy produces, and the way it produces it, changes over time. The main factor of

You May Also Find These Documents Helpful

  • Good Essays

    ECO202 Case 1

    • 1088 Words
    • 3 Pages

    Unemployment are people who do not currently have a job but are actively looking for a job. The unemployment rate is the percentage of people in the labor force who are unemployed. There are three basic types of unemployment. The first is a cyclical which is the result of fluctuations in real GDP. Unemployment rises when the real GDP falls, and falls when the economy improves. The second is Frictional unemployment which occurs naturally in the economy. It refers to the time it takes to find an appropriate job. And the third is Structural unemployment which refers to the mismatch between job openings and the skill of workers seeking jobs.…

    • 1088 Words
    • 3 Pages
    Good Essays
  • Good Essays

    When a person in the United States has been actively looking for a place of employment and cannot find an employer, then they are categorized as unemployed. Now the unemployment rate is put into percentages as the total available work force seeking employment. Unemployment in the United States were at a high of 15.4 million is October 2009 and now sits at 12.5 million in April 2012. So for about 3 years as the U.S tries to fight through the hardship of the low economy the unemployment has not drop that significantly. What really has a strong impact on the unemployment in a country is supply and demand. When the U.S economy took a drop the demand for certain thing also falls with it as people become more conservative. This also hurts the work of employment because if people buy less then there is need to also make less of whatever is not being…

    • 658 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Gm545 Pp2

    • 1082 Words
    • 5 Pages

    Cyclical: also called demand deficient, cyclical unemployment varies with a country’s business cycle and thus is temporary. Cyclical unemployment is negatively correlated to a country’s GDP – if the economy is expanding, cyclical unemployment is low; if the economy is contracting, and this type of unemployment rises.…

    • 1082 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Cyclical Unemployment – an economy that is in a recession faces higher levels of unemployment.…

    • 431 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Econ 545 Paper 2

    • 826 Words
    • 4 Pages

    Frictional unemployment also known as search unemployment distinguishes the time period between jobs when a worker is searching for or transitioning from one occupation to the next. Unemployment that exits in a fast growing economy with an expanding mobile, elastic and adaptable labor force of having many different options. With this type of structure can be beneficial to workers because it allows them to seek for positions they desire most or jobs that best suit their qualifications. This also becomes a plus for companies who want skillful workers because it allows them to be selective in there candidates for hire.…

    • 826 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    UNIT III ASSESSMENT

    • 1110 Words
    • 5 Pages

    Selected Answer: In In general the four types of unemployment are frictional, which is when there is a process of selection from the employers and the potentially employed. It is important for both parties to know that the particular job is a good fit so that in a month they both don’t have to start over with the hiring process. Seasonal unemployment is due to many factors including climate, holidays, and tourism. It is important to have seasonal employment because these times boost income to compensate for when things are leaner. Another form is structural unemployment. This is when the skills of the applicants don't match the needs of the employers. This is more of an issue than the first two reasons because it takes more time to acquire the necessary skills or find the person who already possesses these skills. The last example of unemployment of cyclical. This is when unemployment fluctuates and cycles along with the state of the economy at any given time. There are government policies that try to keep this type of unemployment at bay.…

    • 1110 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    economic aspects

    • 957 Words
    • 3 Pages

    Frictional unemployment is the kind of unemployment that arises as a result of people moving from one job to another, career or location. It involves people who have both the competencies and skills of getting a job and in the stages of getting one though they have not become successful in finding one1. For those people looking for new jobs while still continuing with their old ones are not categorized to be part of frictional unemployment.…

    • 957 Words
    • 3 Pages
    Better Essays
  • Good Essays

    Unemployment rates fluctuate when the supply and demand for human resources are out of balance. The supply and demand are a result of the interaction of economic, policy and structural factors. Economic factors affect both supply and demand. The demand for goods and services increases production which results in the demand for workers, increasing the employment rate. The common thought among economists is that market-driven economies move in cycles and when they drop below certain levels unemployment may result. The moving of production from high wage countries to low wage countries is another factor that increases unemployment. A declining manufacturing sector will result in not enough jobs to go around along with third world competition. While new jobs are being created in the technology and service sectors it is not enough to make up for the amount of jobs that have been lost due to moving the manufacturing of goods out of the U.S.…

    • 1095 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Unemployment in an economy is an indicator that the economy is not operating under full employment. Unemployment is a situation where individuals who are eligible and willing to work cannot get work in the economy. There are several types of unemployment in the US economy. They include voluntary unemployment where individuals voluntarily decide not to take any employment opportunity in the economy. Seasonal unemployment also arise where household are often in and out of employment because of the seasonal changes in the work. Cyclical unemployment also arises because of the changes in business cycles. During booms, most of the labor force is in employment, and during recession, there are high levels of unemployment in the economy. Frictional unemployment arises where the household take time when they leave one job and before getting another job. This transition period from one job to the other is referred as the frictional unemployment. Structural unemployment is also evident in the economy where the skills of t he households fails to match the needs of the industries in the economy (Zhang, 1).…

    • 572 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Macro Economics

    • 3337 Words
    • 14 Pages

    Classical economists promote the idea of two fundamental suggestions. The first is that wages equal the value that would be lost if employment were to diminish by one. The second is that unemployment changes in two categories. The first is defined as frictional unemployment. Frictional unemployment can be mainly explained by reasons based on inconsistent information. First, businesses intermittently try and balance their resources and with miscalculation and changes in demand they will increase or decrease the amount of employees they have. Also, people in-between jobs may not have enough information to find and select the right job. A classical economist would also describe voluntary unemployment. This type of unemployment occurs with the refusal or inability of workers to find jobs, due to legislation, social practices, collective bargaining or intransigency.…

    • 3337 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    This unemployment occupies people in the middle of transiting between jobs, searching for new ones; it is compatible with full employment. In other words, we can say it frictional unemployment. There are many people in this world who are not totally satisfied with their jobs. Describes workers “in between jobs”. When someone with marketable skills moves from one job to another. Usually three months or less.…

    • 607 Words
    • 2 Pages
    Good Essays
  • Better Essays

    One sociological perspective on unemployment can be taken from the famous Functionalist Theory. Functionalists believe everything serves a specific function in our society and these functions need to be understood (Kendall 23). The theorist behind functionalism is Durkheim. Durkheim’s concern was how to preserve society. The basis for social order was not economic, but rather moral. In a functionalist society, everyone has a role and a purpose. In order for this theory to be successful, the individuals in a…

    • 1834 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Current Economic Analysis

    • 2045 Words
    • 9 Pages

    Unemployment is the failure of a person to find jobs. (Schiller, 2006) This means that an unemployed person is one that is capable of working and is actively seeking for a job but is unable to find employment, which means that, this person is an active member of the labor force in search for job opportunities but unable to find one. This excludes full time students and homemakers who are not vigorously looking for jobs. Unemployment can be divided into three types known as frictional, structural, and cyclical (Schiller, 2006).…

    • 2045 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Chapter 4

    • 367 Words
    • 2 Pages

    There is an economic cost of unemployment. When the economy fails to create enough jobs for all who have the necessary skills and are willing to work, potential production of goods and services are irretrievably lost.…

    • 367 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    What Is Unemployment

    • 289 Words
    • 1 Page

    What is unemployment: Somebody who are able to work can not find a job or People, who is actively seeking for job, is unable to find one.…

    • 289 Words
    • 1 Page
    Satisfactory Essays