Transitional unemployment, Managerial Economics

Assignment Help:

Transitional unemployment

Transitional unemployment is that situation which prevails due to some temporary reasons. The main reason for this type of unemployment are:

Turnover unemployment: Some individuals leave their present jobs and make efforts to secure better ones and in this way, they remain unemployed for some time.

Casual unemployment: Casual workers are employed for a specific job and when the job is competed, such workers become eventually unemployed. E.g. shipping or building construction workers.

Seasonal unemployment: Some industries, for instance have seasonal demand and their produce is manufactured for a specific period of time (a specific period of the year). The workers of such industries remain unemployed for that time e.g. ice factories may remain closed during winter.

Related Discussions:- Transitional unemployment

Exchange rate, Assume a floating exchange rate system. The Fed pursues an e...

Assume a floating exchange rate system. The Fed pursues an expansionary monetary policy. Draw how this would look on the graphs below. Mark the new equilibriums. Complete the table

Log liner regression, How do I do a log linear regression in excel

How do I do a log linear regression in excel

Salvatore, manual problems solution of demand theory

manual problems solution of demand theory

What do you mean by kinked isoquant, Q. What do you mean by Kinked Isoquant...

Q. What do you mean by Kinked Isoquant? This isoquant presumes only limited substitutability of labour andcapital. There are just a few processes for generating any one commodi

General and selective credit control, General and Selective Credit Control ...

General and Selective Credit Control These are imposed with the full apparatus of the law or informally using specific instructions to banks and other institutions. For insta

State the fixed factor of production, State the Fixed factor of production ...

State the Fixed factor of production Input level of a fixed factor can't be varied in the short run. Capital falls under the category of fixed factor. Capital alludes to resour

Significance of the behavioural approach, The significance of behavioural a...

The significance of behavioural approach is difficult to assess. It provides useful insights into some aspects of business behaviour. March and Cyert have claimed considerable shor

Derive from production and consumption, (a) Define and explain, using dia...

(a) Define and explain, using diagrams, consumers' surplus; producers' surplus and total surplus that a society can derive from production and consumption of a good at a particu

Function and importance, explain the supply function and importance of supp...

explain the supply function and importance of supply analysis in brief

Show the williamson''s approach for team production, For Oliver E. Williams...

For Oliver E. Williamson, existence of firms derives from 'asset specificity' in production, where assets are specific to each other such that their value is much less in a second-

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages