Question

In: Economics

10. Does society bear the burdens of unemployment equally? Explain your answer generally and then specifically...

10. Does society bear the burdens of unemployment equally? Explain your answer generally and then specifically address issues of: male vs female, white vs non-white, older vs younger workers, higher educated vs lesser educated, suburban vs urban workers, and workers in manufacturing vs service sectors.  

Solutions

Expert Solution

No,the burden of unemployment is non borne equally.Unemployment depends on a lot of factors like the demand for labour in a specific industry or the profile of work etc.

Male vs Female-It is generally seen that females are more unemploymed.The unemployment gap is diminishing but still is significant.This may be due to the structureb of the society which was originally male dominated.

White vs non white.Non white are more unemploymed because of racism.

Higher educated vs lesser educated-Higher educated people are more employed becausebof their skills and experience and knowledge.

Suburban vs Urban workers.-Suburban workers generally engage themselves in agriculture and related activities and so not possess professional skills.So,they are more unemployed.

Workers in manufacturing sector and service sector-The demand for labour is higher in service sector so employment is more in service sector.


Related Solutions

Explain the cost of unemployment to society.
Explain the cost of unemployment to society.
Will each of the following affect frictional unemployment, structural unemployment, or neither. Explain your answer in...
Will each of the following affect frictional unemployment, structural unemployment, or neither. Explain your answer in each case. Next, for each of the following explain the impact on the natural rate of unemployment. a. The internet dramatically reduces the cost of searching for jobs and employees. b. A trade pact is signed that increases competition for domestic textiles, resulting in the loss of textile jobs, but increases vacancies in high-tech sectors. (Careful here.) c. A large number of firms decide...
Generally, when the economy is in a recession, what happens to inflation? How does unemployment change...
Generally, when the economy is in a recession, what happens to inflation? How does unemployment change in a recession? Explain your answers. Generally, when the economy is expanding, what happens to unemployment and inflation? Explain. List and explain five factors, other than income, which can change the amount of overall consumption spending for an economy. What did Keynes mean with the phrase “animal spirits”? How do animal spirits affect investment spending for an economy?
Select one answer as the best response and explain your reason for the selection. 1. Generally...
Select one answer as the best response and explain your reason for the selection. 1. Generally speaking technological progress leads to higher output purely because it raises the productivity of capital purely because it raises the steady-state capital stock because it raises both the productivity of capital and the steady state capital stock purely because it increases the capital stock for a given production function purely because it raises the output produced by a given capital stock Explain your answer:...
why does full employment imply an unemployment rate greater than zero? discuss your answer in the...
why does full employment imply an unemployment rate greater than zero? discuss your answer in the teems of the types of unemployment
Which problem do you believe is more serious: unemployment or inflation? Explain your answer.
Which problem do you believe is more serious: unemployment or inflation? Explain your answer.
QUESTION FOUR [20] List and briefly explain the main types of unemployment, including in your answer...
QUESTION FOUR [20] List and briefly explain the main types of unemployment, including in your answer a discussion of the type of unemployment that is most prevalent in your country QUESTION ONE [25] Fully discuss how the production possibility frontier (PPF) can be used to illustrate economic growth. Include in your answer the main factors that contribute to economic growth. Apply this concept of the PPF to a country of your choice.
Explain why economists generally argue that trade creates wealth. Your answer to this question should reflect...
Explain why economists generally argue that trade creates wealth. Your answer to this question should reflect what economists argue. Whether you agrees with the view held by economists is immaterial to this question: explain the economic argument.
Explain why economists generally argue that perfect competition is the most desirable market structure. Your answer...
Explain why economists generally argue that perfect competition is the most desirable market structure. Your answer should reflect what economists argue. Whether you agrees with the view held by economists is immaterial to this question: explain the economic argument.
Explain why economists generally argue that trade creates wealth. Your answer to this question should utilize...
Explain why economists generally argue that trade creates wealth. Your answer to this question should utilize material we’ve covered in class and should reflect what economists argue. Whether one agrees with the view held by economists is immaterial to this question: explain the economic argument. 600 words or less
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT