In the Spirit of Sankofa,
Kemetstry
... As promised bro. Kemetstry, the facts about zero unemployment, also, gotcha, you and Ken both laughed last night after the broadcast was over about you being obnoxious during the show
It's not a good look when anyone overrides Sister Destee at the mic on her Show ... This is not pandering, so don't even go there ... Face the music instead, you have alot to offer(Destee kept saying this), but become overbearing and impolite in its delivery ... again, this is meant in the spirit of Constructive Criticism, only, nothing personal.
Some people would like to think that the unemployment rate might one day fall to 0%. In this situation there would be no people out of work – everyone who was looking for a job would have one.
Although this might sound like an excellent idea, the reality is that it isn’t possible. To understand why, you will need to learn about the following types of unemployment:
Cyclical Unemployment: When there is a lack of aggregate demand in the economy, some people will become unemployed. These people are said to be cyclically unemployed. You should recall that earlier in your study of Economics you learned about the Business Cycle. It is from this model that cyclical unemployment gets its name; when we experience an economic downturn (or a recession), the number of people unemployed will increase. These people are said to be cyclically unemployed.
suggested reading:
http://economics.mrwood.com.au/unit2/population/population4.asp
No amount of straightening up, pulling up or training our young folk suffices, when the demand for workers is negatively affected by a sagging economy ... Employers don't hire when product isn't being sold ... the market is at a standstill.
Economists describe cyclical unemployment as the result of businesses not having enough demand for labor to employ all those who are looking for work. The lack of employer demand comes from a lack of spending and consumption in the overall economy.
http://www.investopedia.com/terms/c/cyclicalunemployment.asp
In the Spirit of Sankofa, Peace In my brother friend,
Kemetstry
... As promised bro. Kemetstry, the facts about zero unemployment, also, gotcha, you and Ken both laughed last night after the broadcast was over about you being obnoxious during the show
It's not a good look when anyone overrides Sister Destee at the mic on her Show ... This is not pandering, so don't even go there ... Face the music instead, you have alot to offer(Destee kept saying this), but become overbearing and impolite in its delivery ... again, this is meant in the spirit of Constructive Criticism, only, nothing personal.
Population and Employment
Types of UnemploymentSome people would like to think that the unemployment rate might one day fall to 0%. In this situation there would be no people out of work – everyone who was looking for a job would have one.
Although this might sound like an excellent idea, the reality is that it isn’t possible. To understand why, you will need to learn about the following types of unemployment:
Cyclical Unemployment: When there is a lack of aggregate demand in the economy, some people will become unemployed. These people are said to be cyclically unemployed. You should recall that earlier in your study of Economics you learned about the Business Cycle. It is from this model that cyclical unemployment gets its name; when we experience an economic downturn (or a recession), the number of people unemployed will increase. These people are said to be cyclically unemployed.
suggested reading:
http://economics.mrwood.com.au/unit2/population/population4.asp
No amount of straightening up, pulling up or training our young folk suffices, when the demand for workers is negatively affected by a sagging economy ... Employers don't hire when product isn't being sold ... the market is at a standstill.
Economists describe cyclical unemployment as the result of businesses not having enough demand for labor to employ all those who are looking for work. The lack of employer demand comes from a lack of spending and consumption in the overall economy.
http://www.investopedia.com/terms/c/cyclicalunemployment.asp
In the Spirit of Sankofa, Peace In my brother friend,