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Unemployment is not a monolithic phenomenon, and unemployed people are not a homogenous group. There are numerous causes and explanations for why any one person is unemployed. Structural unemployment, frictional unemployment, and seasonal unemployment are some of the most common types.
Marcelle is experiencing cyclical unemployment, which is tied to macroeconomic forces beyond her control. As Marcelle puts it, the firm closed because the market contracted. Sluggish economic growth or basic supply and demand factors can lead to companies needing to downsize their workforces, rendering otherwise loyal and able workers redundant. When the entire economy is sluggish, workers like Marcelle will have a difficult time finding a job in the same or even in another industry. The entire economy is tightened up, restricting access to jobs and creating a large pool of unemployed laborers. Of course, part of the problem in Marcelle's case and with others like her is corporate greed, as CEOs are unwilling to take pay cuts from their bloated salaries in...
Marcelle is most certainly eligible for unemployment insurance, either from her state or from federal funding sources. One of the keynotes of eligibility is being unemployed due to no fault of the person's own (State of California Employment Development Department, 2014).
Dominic is in a different position. She experiences frictional unemployment. Frictional unemployment refers to individuals in personal transitions and who are unemployed due to the situations in their lives. For example, Dominic wanted to move from Cincinnati to New York City. Because she moved, she is temporarily unemployed. Because Dominic's form of unemployment can be defined as voluntary, she would most likely not be eligible for unemployment insurance unless over time she were able to prove that finding work in New York City had proved to be impossible.
Beauvoir experiences structural unemployment. Structural unemployment is similar to cyclical unemployment in that it is related to macroeconomic forces beyond the…
References
Moffatt, M. (n.d.). What are the three types of unemployment? About.com. Retrieved online: http://economics.about.com/od/typesofunemployment/p/three_types_of_unemployment.htm
State of California Employment Development Department (2014). Eligibility. Retrieved online: http://www.edd.ca.gov/unemployment/eligibility.htm
Unemployment in the Recent Recession: A Comparison of Cyclical and Marxian Theories The recent (or ongoing) recession has affected the entire globe, though some countries have been harder hit than others. In the United States, unemployment hit higher levels than it has seen in quite some time -- more than doubling at the depth of the recession in 2010 from its pre-recession low (in the current decade) in 2006 and 2007
Unemployment UK According to the Office of National Statistics, the unemployment rate in the UK currently sits at 8%, the highest figure since 1994. The unemployment rate has been in a range between 7.5% and 8.0% since early 2010. The current trends show that youth unemployment is at its highest level since 1992 and that there is no end in sight for the unemployment problem in the UK (Office for National
Unemployment rate in the United States has fluctuated between nine and ten percent for well over two years now ("Labor Force Statistics"). That rate is more than double what it was a mere ten years ago, putting millions more Americans on the unemployment compensation rolls. More alarming than the numbers is the general feeling of pessimism that has enveloped the country as the population wonders when the economy might turn
Unemployment is a troubling problem that affects every area of the economic sector. In times of economic turmoil, unemployment rates typically increase for workers from all industries, influenced by a number of economic indicators, including consumer confidence, inflation, government spending, and economic growth. As economic conditions decline, businesses of all types are affected, and as a result, they must cut costs, often in the form of job cuts. Unemployment results in
With the clear decline of crime-related activities in New York City, it can be easily inferred that unemployment rate started to decline also. This is based in the regression analysis from a different study that shows that as the trend in property crime rates goes down (from 1979 to 1997), the unemployment rate goes down with it. Trends in Adjusted Property Crimes Standardized Wages and Unemployment Rate Source: Gould, Weinberg, and Mustard, 2002 Analysis With
Sometimes, unemployment precipitates a change in career for practical purposes or even the complete abandonment career goals when the need to earn a paycheck outweighs the need to develop along-term profession. Whereas older workers have already established a career to which they could return, when young people change careers early in life, that choice tends to dictate the course of their professional lives much more profoundly. There are also negative