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

Ans, State the difficulties in the measurement of profit.

State the difficulties in the measurement of profit.

Total cost (tc), Total Cost (TC) This is the sum of fixed costs and va...

Total Cost (TC) This is the sum of fixed costs and variable costs i.e. TC = FC + VC.

Monopolistic versus perfect competition, firms both in monopolistic and per...

firms both in monopolistic and perfect competition tend to make normal profits but why do they criticize only monopolistic competition

Case let 2, is Indian companies running a risk by not giving attention to c...

is Indian companies running a risk by not giving attention to cost cutting?

Show the importance of demand forecast, Q. Show the importance of Demand f...

Q. Show the importance of Demand forecast? Demand forecast for a particular commodity furthermore offers recommendations for demand forecast of associated industries. For exam

Accomplish the desired outcome, Suppose that the present level of income in...

Suppose that the present level of income in the economy is $700 billion. It is determined that in order to decrease the unemployment rate to the desired level, it will be essential

Costs for producing clealung, You own a pharmaceutical company that is spec...

You own a pharmaceutical company that is specialized in the manufacture of medicine for smokers. You newly patented an innovative drug called Clealung, which drastically reduces th

Macro-economic policy objectives, Macro-economic policy objectives The...

Macro-economic policy objectives The major macro-economic policy objectives which the governments strive to achieve are: i. Full employment One of the main objectives

How medical services are funded in canada, Based on the information given i...

Based on the information given in the Canada Health Act as well as the information given in your Study Guide, write a description of how medical services are funded in Canada. Be s

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd