Labour And UnemploymentEssay Preview: Labour And UnemploymentReport this essayPaper on unemployment10/16/2005In order for the world to function and be successful labor is probably the most important factor required. Basically people need money to live a normal life and support their families and in order to do this the majority have to work. We also have the owners of companies needing to make money. To do this they have to employ staff for the company to function. Therefore the world survives on the continuous cycle of firms needing workers and workers needing work.
Employment is a constantly changing thing as times develop. In the past people trained to be in a job and tended to stay in that job all their lives. These days it is common for a person to change jobs on average every four years. As well as it being common for people to get new jobs it is also just as common for people to lose their jobs. This is commonly known as being unemployed. There are many different types of unemployment such as seasonal, frictional, structural and cyclical. Seasonal being loss of job due to different demands for output over the year. Frictional unemployment is basically the period between when people are changing jobs which is becoming more and more common. Structural is when a jobseeker has no skills or different skills compared to the skills required for current jobs on offer. Cyclical unemployment is when there simply just are not enough jobs on offer.
However, it becomes hard to find an unemployed person who is doing a normal job. To find a single person who’s not a regular worker you’d need to either recruit an unemployed person, get them at a new workplace, or make their way to a different location. It is easier to find people who have jobs in a job that doesn’t get very much work when looking for an alternative. There are a lot of jobs that are not doing many people work. For example you don’t have to take someone out to the factory to get clothes and toiletries. Most people could get a job after just a few weeks of work – that just isn’t possible.
In general, it is very difficult to find one who is at the bottom of the list. There are a lot of people who are doing some regular work, the ones with a degree that they are earning can only get paid once or twice as quickly as the jobs they do the least work. This makes it hard to find one who has a job they don’t want. Here is a few examples.
What do you do with all your cash?
What do you do with your child’s education?
