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In: Economics

Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph...

Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay, apply the theories of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these individuals qualifies for unemployment benefits: Two months ago, Marcelle used to work full time in an automobile manufacturing firm. "The factory where I used to work has closed because our market contracted so much, and so I was laid off. This is happening to people all over the country-all you see in the papers is that economic growth has fallen and incomes across the country have fallen. I have been looking very hard for a new job, but have had no luck yet." Until last week, Dominic used to work full time as a hair-dresser in downtown Cincinnati. "I decided to quit my job, because I want to move to New York City." Until last month, Francine worked part time at a ski resort. "Well, it is summer now, and so the resort is closed. I will apply again in the winter when the snow is back. I am not interested in working until then." Two months ago, Beauvoir had been working full time as a secretary. "I was a good typist, but I don't know how to use a computer. My boss wanted to upgrade the office to computers, and so I was replaced by someone who is computer-savvy. I have been looking for another job, but it appears that I need to learn some computer skills." Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

Solutions

Expert Solution

Answer :

1):- Macelle goes under cyclical unemployment.

In cyclical unemployment, interest for the items falls, accordingly, the industry which produces these goods got misfortunes. Presently, it can't give employment to existing workers. So these workers misfortune their business, It prompts cyclical unemployment.

2):- Domnic has frictional unemployment.

Frictional unemployment is a transitory wonder. Frictional unemployment is the timeframe between employments when a specialist is looking for, or transitioning from one occupation to another.

3):- Francine has involuntary unemployment.

Involuntary unemployment is a circumstance when an individual is unemployed in view of not having the option to discover work in his/her own decision.

4):- Beauvoir has structural unemployment.

Structural unemployment alludes to there is a befuddle between the abilities of the unemployed workers and the abilities needs of the employments that are accessible.

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