Would this decline in employment be classified

Reference no: EM133659622

Problem: According to an article in the Wall Street Journal, in 2020, Lenox Corporation closed its factory in Kinston, North Carolina, laying off all 159 of its employees who worked there. Lenox intended to produce all of its plates and other dishware in factories located outside the United States. Would this decline in employment be classified as frictional unemployment, structural unemployment, cyclical unemployment, or some combination of these?

Reference no: EM133659622

Questions Cloud

Do you think that gaap should be adjusted : Do you think that GAAP should be adjusted so that vacations are not recorded until they are taken? Why or why not

What is the percentage of subsidy that consumers receive : What is the percentage of subsidy that consumers receive? What is the percentage of subsidy that is pass-through to farmers?

What will be the balance of these three accounts : Equipment Accumulated Depreciation, Equipment Beg. Bal. 500 Adj. 1,300 Adj. 1,300 Part 5 d. What will be the balance of these three accounts on the adjusted

Watch the two films on japanese internment camps : After viewing "10 Lessons from the Top Film Editors," watch the two films on Japanese internment camps (the Propaganda film and the Internment camp film).

Would this decline in employment be classified : Would this decline in employment be classified as frictional unemployment, structural unemployment, cyclical unemployment, or some combination of these?

Have a greater coefficient of variation for team values : Based on our conversations of actual leagues like the NFL and NBA, which league would you predict would, over time, have a greater coefficient of variation

Distribution during the tax year consent to the election : profits if all shareholders who receive a distribution during the tax year consent to the election. This election remains in effect for all tax years

Identify the population/community served by the agency : Identify the population/community served by the agency. Include demographics and description of population. Points will be awarded for creativity and accuracy.

How did the virginia plan propose to remedy these flaws : What one or more constitutional flaws did James Madison see as evident in the political system of the United States under the Articles of Confederation?

User Account

All Pages