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Unemployment

Delve into the various factors leading to unemployment and learn about different types such as frictional, structural, seasonal, and technological unemployment. Explore the impacts and implications of being unemployed in this insightful video overview.

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Unemployment

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  1. Unemployment Its not just people who don’t have a job anymore What causes unemployment? http://www.youtube.com/watch?v=pVVk_NiQRls

  2. When do you think we see the highest unemployment rates?

  3. Unemployment over Time • http://www.youtube.com/watch?v=hwWGzQ_FUtQ

  4. What does it mean to be unemployed?? • 16-65 who are not working but are looking for a job.

  5. Not working but not unemployed • Drop outs are people who have stopped looking for a job. Even if they could get a job they would not take it. • Retirees don’t count • Full-time Students don’t count • Committed individuals don’t count • Incarcerated individuals don’t count

  6. Unemployment overview • http://www.youtube.com/watch?v=_CdTu1pk06w

  7. Unemployed or Not????

  8. Unemployed or Not???

  9. Unemployed or Not???

  10. Unemployed or Not?????

  11. Unemployed or Not???

  12. Unemployment Game • http://www.youtube.com/watch?v=Ulu3SCAmeBA

  13. Types of Unemployment • Frictional Unemployment: • Unemployment caused when people move from job to job and claim benefit in the meantime

  14. Types of Unemployment • Seasonal Unemployment: • Unemployment caused because of the seasonal nature of employment – tourism, skiing, cricketers, beach lifeguards,

  15. Types of Unemployment • Structural Unemployment: • Unemployment caused as a result of the decline of industries and the inability of former employees to move into jobs being created in new industries • technology • When the structure of the economy changes to make jobs obsolete.

  16. Types of Unemployment • Technological Unemployment: • Unemployment caused when developments in technology replace human effort – tech. in manufacturing, administration

  17. Types of Unemployment • Cyclical Unemployment is unemployment caused by the fluxuations in the business cycle. • Ex- Layoffs during an economic slowdown or recession

  18. How can you avoid unemployment?

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