Fictional -structural unemployment-cyclical unemployment

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Reference no: EM13933682

Your manager has asked you to prepare a 1,200 word report on unemployment in the Australian labour market. In particular, your manager has specifically requested that your report clearly explains:

Differences between fictional unemployment, structural unemployment, and cyclical unemployment; and

The costs associated with unemployment.

The report must be structured as follows:

1. Introduction

2. Unemployment in Australia: An brief overview

3. Major types of unemployment

3.1. Cyclical unemployment
3.2. Frictional unemployment
3.3. Structural unemployment

4. Cost of unemployment

5. Policy Implications

6. Conclusion.

Tips for preparing your report:

Define your terms;
Clearly explain economic concepts;
Make use of multiple references;
Keep to the word limit; and
Ensure your assignment is well-presented and free from grammatical and typographical errors.

Reference no: EM13933682

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