Being Unemployed and Types of Unemployment Essay

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Unemployment is not a monolithic phenomenon, and unemployed people are not a homogenous group. There are numerous causes and explanations for why any one person is unemployed. Structural unemployment, frictional unemployment, and seasonal unemployment are some of the most common types.

Marcelle is experiencing cyclical unemployment, which is tied to macroeconomic forces beyond her control. As Marcelle puts it, the firm closed because the market contracted. Sluggish economic growth or basic supply and demand factors can lead to companies needing to downsize their workforces, rendering otherwise loyal and able workers redundant. When the entire economy is sluggish, workers like Marcelle will have a difficult time finding a job in the same or even in another industry. The entire economy is tightened up, restricting access to jobs and creating a large pool of unemployed laborers. Of course, part of the problem in Marcelle's case and with others like her is corporate greed, as CEOs are unwilling to take pay cuts from their bloated salaries in lieu of laying off workers.

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Marcelle is most certainly eligible for unemployment insurance, either from her state or from federal funding sources. One of the keynotes of eligibility is being unemployed due to no fault of the person's own (State of California Employment Development Department, 2014).

Dominic is in a different position. She experiences frictional unemployment. Frictional unemployment refers to individuals in personal transitions and who are unemployed due to the situations in their lives. For example, Dominic wanted to move from Cincinnati to New York City. Because she moved, she is temporarily unemployed. Because Dominic's form of unemployment can be defined as voluntary, she would most likely not be eligible for unemployment insurance unless over time she were able to prove that finding work in New York City had proved to be impossible.

Beauvoir experiences structural unemployment. Structural unemployment is similar to cyclical unemployment in that it is related to macroeconomic….....

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