Unemployment

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  • Causes of Unemployment
    • Types of Unemployment
      • Temporary/ Seasonal/ Frictional
        • Short term
        • The Government could advertise jobs
      • Technological / Structural
        • Labour is derived demand
        • Major concern to government
        • Workers must learn new skills
        • May be on permanent benefits
      • Cyclicall/ Demand - deficient
        • Unemployment increase during a downturn
        • LOOSE fiscal/monetary policy
    • Measuring Unemployment
      • Claimant count
        • People claiming job seeker's allowance
          • Lower than real rate of unemployment
      • International labour organisation

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