Question

What criteria must be met in order for a person to be characterized as being unemployed...

What criteria must be met in order for a person to be characterized as being unemployed

Have an example of someone who is structurally unemployed. You may give examples of someone you know who is out of job and can not find new job due to lack of skills.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Characterisitcs to classify a person as unemployed are:

1. He should not be in the military.
2. He should not be in prison.
3. He should be above the age of 16 and below 60 (the retirement age)
4. He should be willing and able to work.
5. Has been looking for work from last 4 weeks without success.

Structural unemployment is something that happens becuase there may some technological progress that takes place and the person lacks those skill sets. This is also one of the major causes of unemployment, becuase in today's time it is important to keep up with the skill sets demanded in the market.  

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What criteria must be met in order to consider a practice, evidence-based? Provide examples. Explain the...
What criteria must be met in order to consider a practice, evidence-based? Provide examples. Explain the role quality plays in evidence-based practice?
8. What is the difference between being unemployed and being out of the labor force? 9....
8. What is the difference between being unemployed and being out of the labor force? 9. How do you calculate the unemployment rate? How do you calculate the labor force participation rate? 23. What forces create the natural rate of unemployment for an economy? 26. What is frictional unemployment? Give examples of frictional unemployment. 27. What is structural unemployment? Give examples of structural unemployment. 29. What type of unemployment (cyclical, frictional, or structural) applies to each of the following: a....
Being a professional can mean many things. Think about someone you know who exhibits good professionalism....
Being a professional can mean many things. Think about someone you know who exhibits good professionalism. What about that person makes him or her seem professional to you? How can you use his or her example to help you in a new job?
Cattell and and his theory on traits seem to be very popular. A person may be...
Cattell and and his theory on traits seem to be very popular. A person may be viewed in his or her personality as being polite or rude, excited or bored, self-assured or insecure. We also tend to be somewhat rigid in viewing a person as having either the good or positive side of these traits or more towards what we believe is the poor or negative side of these traits. You are to give a real-life example, using at least...
[16] The three major macroeconomic problems are: A) debt, deficits, and taxation. B) unemployment, inflation, and...
[16] The three major macroeconomic problems are: A) debt, deficits, and taxation. B) unemployment, inflation, and taxation. C) unemployment, falling production, and deficits. D) unemployment, falling production, and inflation. [17] The economic term for a resource that is available for production but is not being utilized is: A) idle. B) wasted. C) inefficient. D) unemployed. [18] Being unemployed can: A) cause a person to alter spending patterns and lifestyle. B) affect a person's self-esteem and relationships with others. C) cause...
Assume you have recently been hired by the BLS to track and chart unemployment. Your first...
Assume you have recently been hired by the BLS to track and chart unemployment. Your first task is to create a chart categorizing individuals based on the BLS unemployment classifications. Your chart should note: Whether the individual is included or not included in the labor force. If they are included, state whether that person is counted as employed or unemployed. If unemployed, which type of unemployment classification. You may use the following template to assist you. For any non-applicable cells...
Respond too this statement on why you agree with it and what else could have been...
Respond too this statement on why you agree with it and what else could have been added, response must be a paragraph long, 5 sentences, cite and add a outside source from the internet too future help your information. Thank you! "A higher minimum wage does cause an increase in unemployment in low-skilled workers. Businesses must figure out how to increase revenues in order to support the higher labor wage without passing on the entire raise to the consumer. Most...
Can someone hel me with this federal income tax question please. What is the best filing...
Can someone hel me with this federal income tax question please. What is the best filing status in general, for the following scenarios? Provide explanation plese. Mike is a 25 years old person who recently graduate from College in May 2020. In August 2020, Anderson started working for Google and received an annual salary of $55k. James get married in Jan 2020. By August 2020, James found out that his wife is having an affair with her ex-boyfriend. For that...
What would your response be to each discussion post. (2 responses) kindly, please provide references. Thank...
What would your response be to each discussion post. (2 responses) kindly, please provide references. Thank you. When a claim is credible it is properly supported by evidence, experience or self-evident. "A claim lacks inherent credibility to the extent that it conflicts with what we have observed or what we think we know - our background information - or with other credible claims" (Moore & Parker, 2017). It is credible if it asserts something that is known to be true....
Which of the following items is a final good? a.   a. mustard in a deli b.  ...
Which of the following items is a final good? a.   a. mustard in a deli b.   b. tin purchased by a can company c.   c. a sweater purchased by someone in a department store d.   d. all of the above are correct Gordon James is a person who sells narcotics on the street. This type of illegal activity: a.   a. would be considered double counting in calculating GDP. b.   b. is estimated and included in GDP figures. c.   c. is...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT