Question

In: Economics

1- Mira is unemployed because her skills are considered obsolete and her tasks are performed by...

1-

Mira is unemployed because her skills are considered obsolete and her tasks are performed by electronic devices. This type of unemployment is considered _____________

a-structural unemployment

b-frictional unemployment.

c-cyclical unemployment

d-all of the above

2-Mira is looking for a job. She is told that she lacks qualifications to fill the available jobs. What type of unemployment is this called?

a-structural unemployment

b-frictional unemployment.

c-cyclical unemployment

d-all of the above

3-Emma just graduated. She is applying for many jobs but she receives no calls. There are lots of job openings and she hears in the news that the economy is growing. But she gets no calls back. She notices that all these openings requires for her to know excel, which she does not. What is the type of unemployment in this case?

1-structural unemployment

2-frictional unemployment

3--cyclical unemployment

4-all of the above

Solutions

Expert Solution

Q1) The answer is (a) structural unemployment as there is mismatch of skills between Mira and what the employer wants. Thus, she lacks the necessary qualification and is thus structurally unemployed

Q2) The answer is (a) structural unemployment as again, she is lacking the necessary qualifications and is thus structurally unemployed due to the mismatch of skills

Q3) The answer is (a) structural unemployment as Mira has not kept pace with the new technology (Excel here) which makes her unqualified and may continue for long. Thus, she is structurally unemployed

In all the questions, the answer is not frictionally unemployed as unemployment is not voluntary due to Mira switching between jobs

'the answer is not cyclically unemployed as unemployment is not caused due to a slowdown of the economy.


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