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Unemployment
Part 1 of Paper
....g unable to find a job is a serious problem. Because
of its human costs in deprivation and a feeling of rejection and personal
failure, the extent of is widely used as a measure of workers'
welfare. The proportion of workers unemployed also shows how well a nation's
human resources are used and serves as an index of e.... Part 2 of Paper
....at by
more efficient placement services. When workers are free to quit their jobs,
some frictional unemployment will always be present.
The second form of Unemployment is structural unemployment. Structural
unemployment arises from an imbalance between the kinds of workers wanted by
employers and the kinds of workers looking for jobs. The imbalances may be
caused by inadequacy in skills, location, or personal characteristics.
Technological developments, necessitate new skills in many industr.... |
| Number of words: 619 - Approximate pages: 3 |
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