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Unemployment
Beginning of paper
In industrialized countries in which most people can earn a living only
by working for others, being unable to find a job is a serious problem. Because
of its human costs in deprivation and a feeling of rejection and personal
failure, the extent of is widely used as a measure of workers'
welfare. The proportion of workers unemployed als .... Middle of paper
.... States is frictional and
lasts only a short time. This type of unemployment could be reduced somewhat by
more efficient placement services. When workers are free to quit their jobs,
some frictional unemployment will always be present.
The second form of Unemployment is structural unemployment. Structural
unemployment arises from an imbalance between the kinds of workers wanted by
employers and the kinds of workers looking for jobs. The imbal ....
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Number of words: 619
Number of pages: 3 (approx. 250 words per double-spaced page)
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