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

Briefly explain the importance of forecasting for managers, Question: i...

Question: i) Briefly explain the importance of forecasting for managers? ii) To what extent will managers rely on surveys in business forecasting? iii) What do you mea

Expectation elasticity, wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ...

wHAT IS THE SIGNIFICANCE OF EXPECTATION ELASTICITY ?

Inelastic supply, Inelastic Supply Supply is said to be price inelasti...

Inelastic Supply Supply is said to be price inelastic if changes in price bring about changes in quantity supplied in less proportion. Thus, when price increases quantity sup

The income of landowners in every country, In Home and Foreign there are 2 ...

In Home and Foreign there are 2 factors of production, land & labor, used to produce only one good. The land supply in every country and the technology of production are exactly th

Gap between theory and practice in managerial economics, The gap between th...

The gap between theory and practise and the role of managerial economics: We have noted above that application of theories to the process of business decision making contributes a

the total cost of giving this insured service, The services of a certified...

The services of a certified psychologist cost $110 per hour, and an extended health plan covers 50 percent of that cost. Under the plan, the clients covered used 625 hours of this

Balance of payments, BALANCE OF PAYMENTS The Balance of Payments of a ...

BALANCE OF PAYMENTS The Balance of Payments of a country is a record of all financial transactions between residents of that country and residents of foreign countries. (Resi

Capital recovery factor, The owner of a patent has a contract with a cooper...

The owner of a patent has a contract with a cooperation that gives it right to use the patent. The cooperation will pay the patent owner $2500 yearly for the next 5 years, $3000 fo

Presentation, to give presentation on the topic: shutdown and abandoned cos...

to give presentation on the topic: shutdown and abandoned cost analysis?

Define the natural monopoly, Q. Define the Natural Monopoly? Natural M...

Q. Define the Natural Monopoly? Natural Monopoly: Natural monopoly is because of natural factors. For illustration, a particular raw material is concentrated at a specific pl

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages