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  • Created by: Avalonr
  • Created on: 27-07-15 08:24

Innate: Talent

Learned: Learn skills on top of talent

Long-term unemployment

  • The collective well-being cost has risen to $3.3bn a year
  • Long-term unemployment means a person has been unemployed for at least a year
  • Long-term unemployment can lead to skills-atrophy
  • The cost of mental illness from the long-term unemployed is no $192.4 bn 

Social Cost: The effect long-term unemployment has on the broader society. i.e. Raising tax so the gov't can support the unemployed with the doll. 

Personal Cost: Meaning an effect


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