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Which type of unemployment is caused by a lack of demand for workers as a result of a shrinking economy?
Wiki User
∙ 10y ago
Believe the original question should have asked which jobs are prone to out sourcing, the state of the economy, taxes for companies, regulations enforced upon US companies etc. This line of questioning provides a more true way to obtaining an answer. I can say with confidence which jobs are in demand and you can walk it back to your question. The federal and state government employs the most unionized jobs. This can be verified as private union membership is at an all time low, while the public unions ( which rely on taxpayer dollars) is thriving. Fed gov employees seem to hold their jobs for life, never facing layoffs due to external financial woes, outsourcing, companies moving to other countries (so they can compete in a global market), where as these conditions have a powerful impact for the private sector. Basically public jobs are for life . Euro style in the US on the taxpayers dime.
Wiki User
∙ 11y ago
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What caused damage to the US economy in the late 1920's?
a shortage of workers
What is the cause the unemployment part of stagflation?
Stagflation is an economics term used to describe the situation when you have a stagnant economy (no job growth) but high unemployment and high inflation. This is usually caused by an increase in the total labor force. There is just too many people in the workforce and not enough jobs available.
What is true about slums?
-They are caused by deteriorating neighborhoods -They breed disease -They are fueled by poverty and unemployment
How has unemployment caused economic depression?
If people weren't earning money they were hesitant to buy things. If people weren't buying things then their money wasn't stimulating the economy by giving other people money.
When are people in cyclical or frictional or structural unemployment?
Of the three types, the least severe kind of unemployment is frictional unemployment. This is the unemployment caused by people switching from one job to another, or by those entering a new job field. For example, people would be considered frictionally unemployed when they are graduating from college and searching for a job, or if they used to be a teacher and now they are trying to look for work as a manager. People are considered to be in structural unemployment when their work skills do not match the skills needed for a specific job. As an example, factory workers who are replaced by machines are out of work, but now all factories don't need workers, but mechanics to fix the machinery. The natural rate of unemployment, or full employment, is comprised of the number of people in the work force that are structurally and frictionally unemployed. The worst kind is cyclical unemployment. People are in this type of unemployment because of the recessionary phases of the business cycle. Companies cannot afford to keep every worker, so many are laid off.
What caused damage to the US economy in the late 1920's?
a shortage of workers
Was the severe rise is in unemployment caused by the Great Depression?
the rise of unemployment was because of the great depression because the owners didn't need workers when the stock market crashed.
The absence of cyclical unemployment is evidence that?
the economy is operating at full employment. Cyclical unemployment refers to the fluctuations in unemployment that are caused by economic downturns or recessions. When there is no cyclical unemployment, it suggests that the economy is in a state of stable growth and there are enough job opportunities available for those seeking employment.
What is educated unemployment its causes effect and remedies?
Educated unemployment is when there are people with college degrees that donâ??t have jobs. This is mainly caused by changes in the economy. There is no foreseeable remedy.
What caused the home values to go down?
The inflated economy is the main cause. But other factors are unemployment rates, outsourcing of jobs
The scarps on Mercury were probably caused by?
The crust cooling and shrinking.
What type of unemployment caused changes in the business cycle?
Cyclical unemployment
Do labor unions help or hurt the US economy?
Labor unions help the US economy. When labor unions negotiate labor contracts, workers safety issues are involved. Also, market driven wages insure that workers have good pay. This enables them to buy the goods they need. And, they as workers help the US economy by producing products.
What are the causes of unemployment in Cambodia from 2001 to 2008?
Unemployment in Cambodia from 2001 to 2008 was primarily caused by factors such as limited job opportunities, insufficient education and skills training, political instability, and lack of foreign investment. Additionally, a large proportion of the population working in the informal sector contributed to the high unemployment rate during this period.
Why did people believe that the features of the earth were caused by the crust shrinking?
Because they were dumb
What is the cause the unemployment part of stagflation?
Stagflation is an economics term used to describe the situation when you have a stagnant economy (no job growth) but high unemployment and high inflation. This is usually caused by an increase in the total labor force. There is just too many people in the workforce and not enough jobs available.
What happen to the Roman Empire in A.D 395?
The Roman Empire fell in 395 A.D. due to weakened empire because of-*Slavery Increase- causes unemployment*Farming Decreased- caused less food=HUNGER*Weak economy*Economy Shrinking-wages for workers go down=MORE POVERTY*Taxes Unpaid-Corruption in Government*Borders Too Big-too hard to control/defend\*No law of succession-short-term leaders*Population Decline-due to famine, war, and disease*Mercenary Army-no loyalty to Rome( German tribes, soldiers in Gaul,Hispania,Africa-loyal to their leaders) Never been to Rome*Break up of Family- (Children Orphaned)*Barbarians Invaded
