which type of unemployment reflects the situation above? Define this unemployment.

Q: As a member of the Council of Economic Advisors, which policy would you NOT recommend as an option…

A: This question says that as a memeber of council of economic advisors which policy we would not…

Q: How can an absence of employing opportunities contribute to high unemployment rates?

A: Employing Opportunities means hire, transfer, non disciplinary retentions. It also includes…

Q: What are the personal, economic and social consequences of unemployment?

A: Let us discuss certain concepts related to unemployment:Labor force: In an economy, labor force…

Q: If a contry has a noninstitutional population of 200 million and a labor force of 160 million and…

A: Labor force participation rate: It indicates the percentage of the working-age population in the…

Q: what is the main difference between employment and unemployment?

A: Introduction: Employment is the state of having a job or regular work that provides a salary or…

Q: Explain 'the unemployment benefits' and its positive and negative effects.

A: Unemployment is a very serious and chronic problem which exists in all the economies of the world.…

Q: explain how  labour could be a factor for the unemployment rate

A: When a worker is unemployed, it means that they have tried to find job at the going rate of pay but…

Q: Describe the differences between frictional and structural unemployment

A: Unemployment refers to the condition where a worker wants to work and capable of doing work but…

Q: Present three major arguments of those who believe that IT will result in massive unemployment.

A: Technological growth contributes to industry development, expedites research, and fosters global…

Q: What is seasonal unemployment?

A: Seasonal unemployment: Seasonal unemployment occurs when the workers or laborers don't get work…

Q: Why there is always some level of unemployment?

A: The natural rate of unemployment is a situation that occurs when there is a time lag between moving…

Q: What could explain why unemployment is lower among workers with a relatively higher level of…

A: The labor market maintains a wage bias in favor of improved human capital and skills.The highly…

Q: what are the proposed solutions to reduce unemployment

A: When job-seeking employees are unable to obtain employment, unemployment results. While…

Q: All types of unemployment are natural except one, which is

A: Unemployment refers to a situation when people who look for job and are willing to work at  at the…

Q: What are the different types of unemployment? Which of these is most likely to be affected by…

A: Unemployment means the people who are actively looking for job but it not able to find the job. It…

Q: How is the labor force defined and who measures it? How is the unemployment rate calculated? Does an…

A: Disclaimer: Since you have posted questions with multiple sub-parts, we will solve the first three…

Q: provide one relevant example for each type of unemployment

A: Labor force=employed+unemployed

Q: When the unemployment rate rises, why is the problem even worse than the number indicates?

A: Unemployment rate is calculated by dividing the number of people unemployed in the economy by the…

Q: What is The difference between unemployment and employment?

A: Unemployment and employment are more important thing and bigger topics in an economy. Because these…

Q: If a higher minimum wage is introduced, what happens to unemployment

A: Unemployment refers to the market condition when not all the workers are getting job or it can be…

Q: what are some causes and effects of unemployment on the economy? what are some ways to combat these…

A: Unemployment is a situation when an able bodied man or woman, who is willing to work at the…

Q: what is the unemployment pool

A: The unemployment pool is the total number of people who are unemployed and actively looking for…

Q: Find the relative change in unemployment from January 2005 to December of 2015.

A: Relative change in the unemployment rate from January 2005 to December 2015 can be calculated by…

Q: Is it ever possible to have zero unemployment in an economy? Why or why not? Explain in details

A: Economic growth and unemployment are the two most important economic variables. All the policies and…

Q: Distinguish between the level of unemployment and the rate of unemployment

A: Unemployment can be defined in a lot of ways. One common way to define unemployment is as a state in…

Q: How can seasonal unemployment be alleviated? Should it be alleviated? Why or why not?

A: Seasonal unemployment means a situation when individuals are not having jobs(unemployed) at…

Q: During the initial months of the COVID pandemic, the number of unemployed people in the State of…

A: Unemployment is the situation where a person is looking for job and interested to work at prevailing…

Q: What term describes the remaining level of unemployment that occurs even when the economy is…

A: If the economy is healthy and still have unemployment, then this term is described by natural…

Q: Does the existence of unemployment insurance eliminate the economic costs of unemployment?

A: unemployment insurance, is the method of securing income even if an individual gets unemployed, it…

Q: how is frictional, structural, cyclical unemployment and natural rate of unemployment. and why some…

A: Total unemployment in an economy can be classified into 3 types namely, Structural Unemployment…