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Are the following workers more likely to experience short-term or long-term unemployment? Explain.
a. a construction worker who is laid off because of bad weather
b. a manufacturing worker who loses his job at a plant in an isolated area
c. a stagecoach-industry worker who is laid off because of competition from railroads
d. a short-order cook who loses his job when a new restaurant opens across the street
e. an expert welder with little formal education who loses his job when the company installs automatic welding machinery
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Chapter 28
Unemployment
The Economics of Labor Markets
The Real Economy in the Long Run
Luyanda M.
January 31, 2021
Using a diagram of the labor market show the effect of an increase in the minimum wage on the wage paid to workers the number of workers supplied the number of workers demanded and the amount of unemployment
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Are the following workers …
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A basic finding of labor e…
on question six is asking us to identify what sort of falling workers are more likely to experience short term or long term on employment and explained why, Okay, Question, eh? A construction worker who is laid off because ofthe bed wetter. So I would say that he is more likely to experience short term on appointment because the reason that he is laid off is because of the bad weather and the that the weather is not very likely to be bad all the time. So once the weather condition is getting better, he might be rehired again. Okay, so this is Ahh, short turned. I'll write and ask for short. Okay. Question be, um, a manufacturing worker who loses his job at the plant in an isolated area. So for this worker, I would say it might be more difficult for him to find another job because it is a plane that building my isolated area. There shouldn't be too many other plants in this era, because is, please, we're not many people living there. Um, so I would say it's for him. It is probably going to be a long term unemployment unless this this man moves too. Maybe in our city, with more people with more job opportunities Or, um, hey, decides to transfer to another place that is not so. Weiss elite. Oh, I see. Um, a stage. I'm sorry. Question z a stage coast in a stage coach in this room worker who's played off because of competition from rail roads. We can see that this is an example off being replaced by another, maybe industry or another. Advancements in technology bia's way Many people used to many travel with this stage coach, like with horses or like a very fancy coach. But now, with the advancement of technology, people feel real railroad, so which is faster and more safe, safer to travel. So this worker might be replaced by this new technology, which in turn costs him long term on the appointment. So the same reasoning can be applied to Question E. So if we took, take a look at cushioned the first an expert expert welter with little formal education, who loses his shop when the company is stalls all romantic welding machine to this same unemployment because it is something caused by on the messman off technology. So these are more likely to cost long term on employment. So for these from Customs, the answers are both long term. So ABC. So we have questioned the fact So question is saying that a short order cook who loses his job when a new restaurant opens across the street. So apparently this is a short term unemployment, because the cost of his unemployment is just this new competitors across the street, right? So it is easy for him because he knows how to cook to maybe go to a not her street. Which family only has one restaurant. So then he will be hired by that restaurant, and he still has a job to work for. So the answer is short term for question D.
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