HL Economics

13 Unemployment

p.299 1 a) Distinguish between structural unemployment, frictional unemployment and seasonal unemployment. Unemployment, the situation in which someone of a working age is actively seeking for a job yet unable to be hired, is present in various countries but all weighting differently, depending on that countries economic status. The four main types of unemployment includes frictional, … Continue reading

HL Economics

Freeconomics

The big giveaway Stuart Jefferies International flights that don’t cost a thing? Books or music you don’t have to pay for? Even companies handing out cars? Traditional business is based on the certainty that everything has a price. But now US writer Chris Anderson believes we are at the dawn of a new consumerist era, … Continue reading