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Essay / Research Paper Abstract
A 4 page paper answering three discussion questions. The first addresses government policy and unemployment; the second favors economic growth that does not harm any group; the last provides some broad answers for the reasons that rich and poor countries continue to exist in the same world market. Bibliography lists 4 sources.
Page Count:
4 pages (~225 words per page)
File: CC6_KSeconMacDQ.rtf
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Unformatted sample text from the term paper:
can be cyclical, frictional or structural, and each should be approached in different ways because of the nature of the differences in the three types of unemployment. As example,
there is little point in striving to create demand for swimming pool maintenance workers in Michigan in January. Given enough time - the arrival of late spring - the
problem will correct itself for a time. Newtons third law states that for every action, there is an equal and opposite reaction.
The nature of a cycle is that when part of it is depressed, another part of it is at its height. Retail sales are stronger in the last quarter
of the year than the second; there are more lawn maintenance jobs in the summer than in the winter. An effective approach that government can take to address this
type of unemployment is to provide minimal assistance to those in need, while matching "up cycle" jobs with "down cycle" displaced workers. Frictional
unemployment is sometimes referred to as "search unemployment," as it results from people temporarily being between jobs. Some frictional unemployment is involuntary (such as when an individual has been
fired), but most is completely voluntary and generally is temporary as those affected by it actively seek other employment. Effective government policies can include facilitating the job search, such
as providing better information to job seekers and employers so that they can find each other in a reduced length of time. Some European countries maintain national job banks
resident on centralized computers (Unemployment types, n.d.). Structural unemployment is that which causes the greatest angst and is most difficult to overcome.
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