What different types of unemployment are there?

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Youth Career Management (YCM) reports that: There are 4 types of unemployment that are cyclical unemployment, structural unemployment, frictional unemployment and seasonal unemployment. We will explain these 4 types of unemployment.

Cyclical unemployment

Unemployment is hereby due to the spending down. People have a smaller amount to spend. Because the spending decline there is less need to be produced. This in turn has caused a decline in employment. People have a lower income and therefore have less to spend so this leads to a decrease in employment. But spending is not only to consumer spending but also spending by businesses and government. This unemployment is related to the developments on the demand side of the economy.

Structuralunemployment

This unemployment is slightly more complicated. Causes may include:

- A deterioration of international competitiveness, the profits of the Dutch companies will drop, and they have therefore also less money for staff.

- A low level of education, this leads to deterioration in competitiveness. Because low-skilled people can not innovation take place. Innovation is developing new or improved production processes.

- Disability, people who sit in the disability are unable to work.

- A lack of labor mobility and poor employment, people do not move for a better job, if they in their residence to their meaning. And not just suitable workers change jobs if they do not even know if their net income there is on going forward.

Friction Unemployment

This involves a short time unemployed. If young people leave school they need time for a new job, finding a job just takes time. And the first 3 months when you're unemployed, you are regarded as frictional unemployment. The characteristic of frictional unemployment is that there is work but it takes a while before someone finds it.

Seasonal Unemployment

In winter months there is no work in certain jobs in generosity, construction and agriculture. The seasonal unemployment has something to do with the season. In the summer there is much more work in a nightclub than in winter because in the summer a lot more tourists.

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The supply of labor

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Youth Career Management (YCM) reports that: The supply of labor consists of all people between 15 and 65 who want, can and should work. The supply of labor includes not only the people who are looking for a job, so unemployed if they are officially registered, but also the people who already have a job, the workers and the people with their own company: the self-employed. In the self-employed also includes assisting the family. You are not officially unemployed if you are registered at the Centre for Work and Income (CWI).

The population is divided into labor and non-working population. The population is divided into active labor force (the employed and the employees) and the unemployed workforce (registered unemployed). In the non-working people who do hear between 15 and 65 years old but who are not working and not looking for work.

Labor and non-working population is summed age population, which is also potential labor force.

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The demand for labor

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Youth Career Management (YCM) reports that: If you are looking for a job you are recommended not only to look at your strengths and preferences but also what opportunities you have in that action later. The chances that you make if you do offer the labor market have to do with the other side of the labor market: the demand side. The demand for labor is exercised by business, government and employers. The total demands for labor are employees, the self-employed and vacancies.

An increase in spending leads thus to an increase in labor demand. Conversely, short-term labor demand negatively affected if it goes wrong with the economy.

The demand for labor is also influenced by the prior art. The technical developments of labor replaced by machines (decrease of labor) and new goods and services (increase).

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Wage in the eyes of the employer

Youth Career Management blog http://youthcm.com

Youth Career Management (YCM) reports that: Most of the clothes you find in stores are manufactured in low wage countries. These are countries where wages are much lower than in Western Europe for example.

Turnover = sales xprice

Turnover is the valueof goods sold; another term for revenue is total revenue

Marketing is thequantity sold

Price is the price atwhich the product is sold

The companies need money to pay wages, interest, rental costs, and machine costs, transport costs for raw materials, consumables and energy. The profit is the difference between revenues and costs. A wage increase may cause problems if the wage is greater than the increase in labor productivity. Then rising labor costs per product is an increase in labor costs per product can elicit different responses from companies.

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Here or There

unemployment in unites states http://youthcm.com

Youth Career Management (YCM) reports that: There are 2 ways of production abroad can be moved. The first way is closing a plant in the Netherlands and simultaneously opening a similar establishment in Indonesia for example. This form of displacement occurs mainly in multinationals. A multinational is a company with production facilities in several countries, such as Philips, Coca-Cola.

Second, it may be that such companies from the Netherlands are driven out by companies from low wage countries.

Moving production abroad is related to the competitiveness of a country compared to abroad. Under competitive we mean the ability to better and / or cheaper to produce than competitors. The main weapon in the competitive struggle is the price. The price depends on the costs besides playing competitive prices, quality and infrastructure as a role.

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High Wages Leads Towards More Spending?

unemployment in united states http://youthcm.com

Youth Career Management (YCM) reports that: The amount of goods that companies in a country sell depends on the total demand for goods and services in a country.

The buyers of goods and services, households, other businesses, government and abroad are the main buyers which are families.

The quantity of goods and services that the families questions, mainly depends on the income that households earn.

Consumption rises as employees may buy more because they have had initial or wage drift.

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How is Unemployment Now?

unemployment in united states http://youthcm.com

Youth Career Management (YCM) reports that: Between 1991 and 2005, the working employment force of about 5.51 million people to 6.9 million people. This increase related primarily to women (44% in 1990 to 57% in 2002) and 55-plus (27% in 1990 to 38% in 2002).

In 2002 hit this situation between January 2002 and December 2003 unemployment rose by 40% to 403,000. Unemployment is maximum among the youth, women, and immigrants and low-skilled. Unemployment is primarily caused by the bad economy.

The CPB expects that in 2004 unemployment will rise sharply, regardless of the slight recovery of the economy in the Netherlands. The protuberance of the Central Planning Office suggests that it is predictable that unemployment will fall to 490,000, or 6.24 percent of the labor force.

Employment in healthcare will probably still increase, but this is not sufficient for the quick rise in unemployment.

The burden and higher pension contributions increases the wedge (the difference between labor costs for businesses and net income of workers) substantially. This will surely guide to a boost in the estimated equilibrium unemployment which in 2004 will rise to 5.5 percent.

Now you can observe there are smaller amount women are element of the workforce and that among women increased unemployment. However, women generally have higher education than men. The less educated unemployment higher than the higher educated.

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