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un/employment 2.1.3
part d- causes of unemployment
structural/ voluntary unemployment
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sahara
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Cards (4)
how is structural unemployment caused?
decline
in
certain industry
or
occupation-
due to
change
In
consumer preferences
or
tech advantages
or
availability
of
cheaper alternatives
where does structural unemployment affect regions?
decline
in
traditional manufacturing
made
worse
by
labour immobility
what happens if a regions affected by structural unemployment?
suffer
from
neg multiplier effect- less spending
and cause
more unemployment
how does tech change make unemployment more common I the future?
tech change
in
both products
and
production methods accelerate quickly
-
reduce number
of
workers
to do
manufactory jobs
e.g
self-checkout