Understanding the 4 Basic Types of Unemployment

If youve ever been laid off, then youve experienced one of the types of unemployment  that economists measure. These categories are used to gauge the health of an economy — be it local, national, or international — by looking at how many people are in the workforce. Economists use this data to help governments and businesses navigate economic change. Understanding Unemployment In basic economics, employment is tied to wages. If you are employed, that means youre willing to work for the prevailing wage being offered to do the job youre doing. If you are unemployed, that means you are unable or unwilling to do that same job. There are two ways of being unemployed, according to economists. Voluntary unemployment occurs when a person is jobless by choice, rather than due to a lack of employment opportunities. Quitting your job because you just won the lottery and no longer need a steady paycheck is one example of voluntary unemployment.Involuntary unemployment occurs when a person is willing and able to work for a given wage but cannot find a job. Corporate layoffs following a merger or a downturn in the economy are two examples of involuntary unemployment.   Economists are chiefly interested in involuntary unemployment because it helps them gauge the overall job market. They divide involuntary unemployment into three categories. Frictional Unemployment Frictional unemployment is the time a worker spends between jobs. Examples of this include a freelance developer whose contract has ended without another gig waiting, a recent college grad seeking his or her first job, or a mother returning to the workforce after raising a family. In each of these instances, it will take time and resources (friction) for that person to find a new job. Although frictional unemployment is generally considered short-term, it may not be that brief. This is especially true for people new to the workforce who lack recent experience or professional connections. In general, however, economists regard this kind of unemployment as a sign of a healthy jobs market as long as its low. A low frictional unemployment rate means people seeking work are having a fairly easy time finding it. Cyclical Unemployment Cyclical unemployment  occurs during downturns in the  business cycle when demand for goods and services declines and companies respond by cutting production and laying off workers. When this happens, there are more workers than there are available jobs. Unemployment is the inevitable result. Economists use this to gauge the health of an entire economy or large sectors of one. Cyclical unemployment may be short-term, lasting mere weeks for some people, or long-term. It all depends on the degree of the economic downturn and what industries are most affected.  Economists usually focus on addressing the root causes of the economic downturns, rather than correcting cyclical unemployment itself. Structural Unemployment Structural unemployment is the most serious kind of unemployment because it points to seismic changes in an economy. It occurs when a person is ready and willing to work, but cannot find employment because none is available or they lack the skills to be hired for the jobs that do exist. Oftentimes, these people may be jobless for months or years and may drop out of the workforce entirely. This kind of unemployment may be caused by automation that eliminates a job held by a person, such as when a welder on an assembly line is replaced by a robot. It may also be caused by the collapse or decline of an important industry due to globalization  as jobs are shipped overseas in pursuit of lower labor costs. In the 1960s, for example, about 98 percent of shoes sold in the U.S. were American-made. Today, that figure is closer to ten percent. Seasonal Unemployment Seasonal unemployment occurs when the demand for workers varies over the course of the year. It can be thought of as a form of structural unemployment because the skills of the seasonal employees are not needed in certain labor markets for at least some part of the year. The construction market in northern climates depends on the season in a way it doesnt in warmer climates, for example. Seasonal unemployment is viewed as less problematic than regular structural unemployment, mainly because the demand for seasonal skills hasnt gone away forever and resurfaces in a fairly predictable pattern.

Getting an Inside Look Given Imagings Camera Pill

Getting An Inside Look: Given Imaging’s Camera Pill Getting an Inside Look: Given Imaging’s Camera Pill The factors which makes Iddan, an engineer with no medical background, to pioneer the development of wireless endoscopy are he as an electo-optical engineer and was working on developing the â€Å"eye† of guided missile to its target. His friend at boston gave him information about technology used for viewing the interior lining of the digestive system which had lots of limitations, specially with viewing the small intestine. This small intestine causes serious disorders and only in United States approximately 19 million people suffer from disorders. Existing technology like X-ray and endo-scopes were unable to identify or investigate about†¦show more content†¦Development of the camera pill which use in wireless endoscopy could be a â€Å"science push† as science-push approach to research and development. This approach assumed that innovation proceeded linearly from scientific discovery, invention, engineering, manufacturing activities and marketing. The prima ry sources of innovation were discoveries in basic science that were translated into commercial applications. But development of camera pill is definitely a â€Å"demand-pull† as demand-pull approaches that innovation was driven by the perceived demand of potential users and demand generated because lack in existing technology. Current research states that firms that are successful innovators utilize multiple sources of information and ideas. On collaborating Iddan and Meron with Dr. Swain’s team advantages are gaining each other’s knowledge and expertise in their field as Iddan’s CMOS based sensors enabled the production of a smaller device with lower power requirements, while Dr. Swain’s team has superior expertise in anatomy and imaging needs of diagnosing small intestine disorders. Thus team gets benefit of both technology innovation and scientific knowledge to invent new device which can resolve the lacking behind issue. This is a clear merger of technology with science resulting into satisfying market demand. On other side disadvantages

Verbal communication and nonverbal communication - 1374 Words

Verbal communication and nonverbal communication What Is the Meaning of Verbal Communication? Verbal communication is an act of conveying messages, ideas, or feelings through the use of mouth. Verbal communication is the main way of communicating face-to-face. Among the key components of the verbal communication are words, sound, speaking, and language. 9 effective forms of Verbal Communication 1. Read more – Simply increasing what you read (business texts, novels, newspapers etc) can improve your vocabulary, help you express ideas clearly and eliminate weaknesses in your language skills. 2. Observe Responses Observe response to your message. What people are thinking is not always expressed verbally. Read people’s thoughts†¦show more content†¦An example of this might be, So what you are saying is that... 6. Use Signals to Make Communication More Effective and Meaningful Remember that verbal and nonverbal communication work together to convey a message. You can improve your spoken communication by using body language that reinforces and supports what you are saying. This can be especially useful when making presentations or when speaking to a large group of people. 7. Look at Signals as a Group A single gesture can mean any number of things, or maybe even nothing at all. The key to accurately reading nonverbal behavior is to look for groups of signals that reinforce a common point. If you place too much emphasis on just one signal out of many, you might come to an inaccurate conclusion about what a person is trying to communicate. 8. Consider Context When you are communicating with others, always consider the situation and the context in which the communication occurs. Some situations require more formal behaviors that might be interpreted very differently in any other setting. Consider whether or not nonverbal behaviors are appropriate for the context. If you are trying to improve your own nonverbal communication, concentrate on ways to make your signals match the level of formality necessitated by the situation. 9. Be Aware That Signals Can be Misread According to some, a firm handshake indicates a strong personality while a weakShow MoreRelatedVerbal Communication : Verbal And Nonverbal Communication1274 Words   |  6 Pagesprepared *Feedback given *Communication needed *Message understood *Message interpreted *Message sent * Message receive For a good communication we need to have the following: ââ€"  sender – the person who start a conversation ââ€"  message – what another person involved in communication will received ââ€"  medium –the way we can communicate by using for example the phone, computer, erc. ââ€"  collector – the person who can collect the message and send it to people involved in communication ââ€"  understanding – theRead MoreVerbal Communication : Nonverbal Communication905 Words   |  4 PagesBusiness communication is a skill not everyone has; it is however something that can be learned. Many people think of only verbal skills when working on their business communication; however some forget how nonverbal cues can affect a message. Nonverbal communication can make or break a business conversation. If a potential partner interprets nonverbal communication conveying a different message than the verbal does it can lead to complications when trying to close an opportunity. As the world hasRead MoreVerbal Communication : Nonverbal Communication1428 Words   |  6 Pages The real communication is just based on the words we communicate with each other to deliver our messages and intentions. However, after taking this class it is quite clear to me that communication is not just verbal communication but nonverbal as well. After taking this course, I have become able to understand the nonverbal aspects in each and every communication, I use to encounter with or actions I use to see or experience. This course lets me understood that nonverbal communication covers severalRead MoreVerbal Communication And Nonverbal Communication831 Words   |  4 Pagesnot? 2. How has the use of the Internet and text messaging affected the verbal communication and nonverbal communication exchanged in relationships? 3. Describe a time when you or someone else used nonverbal gestures which made you or others feel uncomfortable. 4. Often cited research by Professor Albert Mehrabian (Links to an external site.) says that only 7% of feelings and attitudes are delivered in words (verbal communication); 38% of feelings and attitudes are paralinguistic (tone of voice/volume/pace/vocalRead MoreVerbal And Nonverbal Communication And Communication941 Words   |  4 Pagesthing. For example, if someone is feeling mad, they might be more harsh when they say things rather than more careful wording when someone is feeling sympathetic for someone else. These two different aspects that add into communication within one another are known as verbal and nonverbal symbols. In the show, Law and Order: Special Victim Unit, there is a specific scene with two detectives that show this. There is a serial rapist who was finally caught after six years of looking for him. In order forRead MoreVerbal Communication And Nonverbal Communication1235 Words   |  5 PagesCommunication is a natural thing that we as human beings do every d ay whether we speak or not. There is two different types’ verbal communication and nonverbal communication. Verbal communication is when we communicate using words exchange in the form of speech in writing or oral. Nonverbal communication does not use words for exchange a message. We use body language, facial expressions, sign language, and eye contact among a few things (Adler, Elmhorst, Lucas, 2013). Read MoreVerbal Communication And Nonverbal Communication1932 Words   |  8 PagesIn this paper I will discuss and analyze the verbal communication, â€Å"the exchange of spoken or written language with others during interactions† McCornack, 2013, p. 191), and the nonverbal communication, â€Å"the intentional or unintentional transmission of meaning through an individual’s nonspoken physical and behavioral cues (Patterson, 1995)† (McCornack, 2013, p. 223), of a 2012 Third Party Presidential Debate between Jill Stein, Rocky Anderson, Virgil Hamlin, and Gary Johnson. In the opening ofRead MoreNonverbal Verbal And Verbal Communication957 Words   |  4 PagesI have learned a lot about communication. I learned how significant nonverbal and verbal communication is, along with listening. I never fully understood how big communication is in our daily lives. I now realize that it is a huge aspect of how we continue in our lives. This course has showed me different levels of communication. Nonverbal communication is behaviors and characteristics that convey meaning with out the use of words. Sometimes accompanying verbal messages, to clarify or reinforceRead MoreVerbal and Nonverbal Communication1472 Words   |  6 Pagesresearch done on verbal and nonverbal communication. First, we need to know what verbal and nonverbal communication is. Nonverbal communication is the way in which people communicate, intentionally or unintentionally, without words. Nonverbal communication uses nonverbal cues including facial expressions, tone of voice, gestures, body position, movement, the use of touch, and gaze (Aronson, Wilson, Akert, 2013). Verbal communication is what a person actually says. This communication relies on the wordsRead MoreVerbal And Nonverbal Communication740 Words   |  3 PagesHuman society was built upon our ability to communicate with one another whether it be through verbal or nonverbal means. Without communication, we as a species would’ve most likely never reached the place we are as a society today. Most people believe that verbal communication is what has brought us so far but in fact, we as a race have been using a melding of both verbal and nonverbal means to communicate with on another. These means are usually comprised of gestures that we all use throughout

Dantes inferno free essay sample

Dante Alighieris The Inferno has been renowned as a great classic of western literature. To completely understand the direction of the novel you must to read between the lines. There are many reasons as to why Dante gave his sinners such specific punishments. Most of these punishments were closely related or the opposite of the sins committed. Irony is seen in many ways throughout The Inferno. As Dante takes you through his version of Hell he uses imagery to describe each of his nine levels, its sinners, and their punishments. The first time irony is seen in Dante Alighieris The Inferno is at the entrance to the nderworld in circle three. This part of Hell holds the Gluttons and the chief sinner Cerberus. In life the Gluttons over indulged in almost everything. Their actions were grotesque, ugly and wasteful. Their actions in life eventually lead to their punishments in Hell. We will write a custom essay sample on Dantes inferno or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As their punishment the sinners were rained on by dirty rain, and garbage. The sinners also had to stand in worms that were decomposing their mess. The punishment that Dante gave them illustrates irony in more than one way. In life the sinners overindulged in everything, especially food. Therefore they will orever have to live in an environment with garbage and food all around them. Another way irony is seen is in the three headed dog, Cerberus. Cerberus was always eating and he was never satisfied which is an exact parallel to the sinners lives. Because Cerberus was never satisfied it was easy to see that he represented the sinner group of Gluttons. Irony is also seen in the fourth circle. This level of hell is home to the Hoarders and the Squanderers. In life the Hoarders kept everything even if they no longer needed it. They wanted to keep things Just for the sake of holding possession over it. However, they did not appreciate or cherish anything they held. They did not seem to have any sympathy for the less fortunate who hardly held the bare minimum. On the other hand the Squanderers threw everything away. They were very unappreciative of their belongings. Both groups of sinners were very wasteful. In return Dante punished them by proving to them that they were all wrong. The sinners were then forced to push stones against each other, both sides saying the other is wrong in the way that they managed their possessions. They struck each other; at that point, each urned around and, wheeling back those weights Why do you hoard? Why do you squander? (Alighieri 145) Because the sinners each represented an opposite end of the spectrum they worked against each other to balance each other out. The sixth circle holds the Heretics. This punishment was Dantes first cruel physical punishment. In life these sinners went against God. The Heretics believed that everything died with the body and that there was no soul. In Dantes hell they were locked in burning tombs for all eternity. Dante not only punished them with hot and crowded tombs, but also made them suffer through dying eternally. They were not allowed to see the present only the past. Dante used fire as a symbol of Gods love; it consumes the sinners in torture. The sinners will never be able to escape Gods love in hell. walked over the bridge in canto XVII he looked down only to see the Flatterers plunged in excrement that seemed as if had been poured from human privies. (Alighieri 143) In life the Flatterers were always spewing excrement through flattery and they now, ironically enough, will be immersed in it for eternity. In the same circle the Panderers and Seducers are held. In life the Panderers and Seducers forced others to do their dirty work. They would walk the streets as prostitutes selling their bodies. In Hell they were punished by having to walk on either side of a ditch on the street but they were not permitted to stop. Because these sinners willingly walked up and down the street in life they were then forced to do it for all eternity without a destination. Dantes punishment took into account what the sinners did in life and forced them to do it without being able to stop. One of Dantes more creative punishments were for those who sinned within the flesh or were lustful. These sinners were forced to forever float in the hellish hurricane with the person they committed the sin with but they could not touch each other. This was a very ironic punishment because the sinners committed lustful acts with these people and will now be forced to look at them without being able to touch them forever. It was like torture for the sinners to be able to see each other but not touch one another. Irony is also seen in the eighth circle Bolgia four that holds the Fortune Tellers and Diviners. These sinners attempted to move themselves forward in time. This sin was distortion of Gods law, so as part of their punishment their bodies were to be distorted for all eternity. The sinners also had to walk backwards forever with their heads on backward as well and their eyes blinded with tears. I saw that each of them was hideously distorted between the top of the chest and the lines of the jaw (Alighieri 161). In circle eight Bolgia five Dante highlighted the symbolism of the punishment of the Grafters. These sinners committed the crime of stealing from people that they knew. The sinners in this level of hell were penalized by being immersed in a sticky ubstance that they could not break free from. This substance was meant to symbolize the sinners sticky fingers that they used to committed sins in life. The sticky pit also served as a way to hide the shameful faces of the sinners in this level of Dantes Hell. l saw the pitch; but nothing in it (Alighieri170). In life these sinners had sticky fingers and stole many if their possessions so their punishment was to forever be stuck in one place. The next time irony was used in the novel was in circle seven. This circle holds the sinners who were violent against their neighbors. Their punishment was set according to the degree of their guilt. The punishment these sinners received was to forever wade in boiling blood. If ones sin was less severe they do not have to be in a deep part of the river. In life the sinners were very violent and witnessed or contributed to a lot of blood shed therefore in the underworld they forever had to live in boiling blood. There we shall find a river of boiling blood in which are steeped all who struck down their fellow men (Alighieri 94). Irony is illustrated again in circle eight Bolgia seven. This level of hell holds the Thieves. The sinners punishment in this level of hell was to be constricted by a snake always reforming from their ashes. In life these sinners were thieves whose greatest asset were their hands so in Hell they would not be able to use their hands forever. Their hands were bound behind by coils of serpents which thrust their heads and tails between the loins an bunched in front, a mass knot of torments (Alighieri 198) The above examples give insight to the intended irony in Alighieris novel. Irony is demonstrated by using Juxtaposition throughout each of the nine levels. Dantes unishments were often the opposite of what the groups intended with their sins.