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Unemployment
Essay specific features
Written by:
Ivory S
Date added:
September 15, 2014
Level:
University
Grade:
A
No of pages / words:
3 / 623
Was viewed:
7883 times
Rating of current essay:
Essay content:
The proportion of workers unemployed also shows how well a nation's
human resources are used and serves as an index of economic activity. Economists
have described the types of unemployment as frictional, structural, and cyclical.
The first form of unemployment is Frictional unemployment. Frictional
unemployment arises because workers seeking jobs do not find them immediately...
displayed 300 characters
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Frictional
unemployment arises because workers seeking jobs do not find them immediately.
While looking for work they are counted as unemployed. The amount of frictional
unemployment depends on the frequency with which workers change jobs and the
time it takes to find new ones. Job changes occur often in the United States...
displayed 300 characters
General issues of this essay:
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