reed99keller
contestada

As a result of decreased production, David lost his job designing cars. Which terms can be used to describe David? Check all that apply.

cyclically unemployed
domestically unemployed
frictionally unemployed
structurally unemployed
still employed
unemployed

Respuesta :

The best option is cyclically unemployed

 This is unemployment that results from the cyclic cycles of business such as growth and production. David lost job because production went down in the place of job. Various factors are to blame for this cycles in production and growth such as the overall performance of the economy and   fiscal policies.
francocanacari

The correct answers are cyclically unemployed and unemployed.

Unemployment, in the labor market, refers to the situation of the citizen who lacks of employment and, therefore, of salary. By extension, it is the part of the population in age, conditions and willingness to work - an active population - that lacks a job.

Cyclical unemployment, on the other hand, occurs cyclically - generally coinciding with economic cycles - and its consequences can lead countries with weak institutions to violence and finally civil disobedience. In developed countries, the situation can provoke changes from state policies to the definitive adoption of a different economic system as a punishment for institutional weakening. A case of cyclical unemployment has been the world crisis of 1929.

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