A seven point essay question discusses the impact of unemployment on the economy and its governance

There are two ways to answer.

1.The Phillips curve, the relationship between the unemployment rate and the ** level, can be realistically linked to inflation.

2.The relationship between unemployment and GDP growth can be linked to economic growth.

a。A car company goes bankrupt and fires its workers, who immediately starts looking for a new job? Jobless rate.

The increase is not good for economic growth.

b.Some dismissed workers gave up looking for a new job after failing to find a job, which did not affect the unemployment rate, since the number of people who were voluntarily unemployed was not counted in the statistics.

c.Many college graduates can't find jobs. The number of short-term unemployed people has increased, but there is frictional unemployment.

d.Many college graduates immediately start new jobs, employment increases, and economic growth prospects are impressive.

e.Prosperity makes sixty-year-old workers newly rich and retires early.

The unemployment rate has not changed, but the employment rate has changed.

f.Advances in medical care have extended the lives of many retirees and can increase employment rates if there are job opportunities.

Unemployment refers to the social phenomenon in which people who are able to work cannot find a job. All those who have not been employed and who are changing jobs or who are not able to find work at the real wage rate prevailing at the time are unemployed. The sum of the employed and the unemployed, known as the labor force.

The percentage of the unemployed in the labor force is called the unemployment rate.

Generally speaking, unemployment can be divided into the following categories according to its causes:

Frictional unemployment refers to unemployment that occurs during the transition from one job to another.

Seasonal unemployment, unemployment that changes with the seasons. For example, the demand for labor in agriculture, tourism and agro-processing industries is seasonal, and unemployment occurs during the off-season. Seasonal unemployment is also seen as a form of "normal" unemployment.

Structural unemployment refers to unemployment caused by workers lacking the skills required for the newly created job opportunities. Unemployment caused by the rise and fall of industries and technological progress is structural unemployment. Often, there is structural unemployment at the same time as there are many job vacancies.

Cyclical unemployment refers to unemployment caused by a decline in demand during a recession or depression phase of an economic cycle.

Unemployment with insufficient demand. Keynes believed that if the level of effective demand in an economic society is too low to provide employment for everyone willing to work at the prevailing wage rate, i.e., the number of unemployed exceeds the number of job vacancies based on the prevailing wage rate, the resulting unemployment is underdemand unemployment.

Voluntary unemployment refers to the unemployment caused by the unwillingness of workers to work according to the prevailing monetary wage level and working conditions. The focus of countries' full employment policies is to control or eliminate under-demand unemployment.

In the context of economics, a person is considered unemployed when he or she is willing and able to work for remuneration, but has not yet found a job. The unemployment rate is the proportion of the working population that qualifies as "unemployed".

According to the causes of unemployment, unemployment can be divided into:

1) voluntary unemployment; Refers to unemployment caused by workers demanding real wages that exceed their marginal productivity, or unwillingness to accept existing working conditions and income levels without being employed.

2) involuntary unemployment (frictional unemployment, structural unemployment, technical unemployment, cyclical unemployment); Frictional unemployment refers to short-term and partial unemployment that is unavoidable in the production process due to changing occupations and other reasons. Structural unemployment refers to unemployment caused by a mismatch between the supply and demand of the labour force, which is characterized by both unemployment and job vacancies, and the unemployed either do not have the right skills or live in the wrong place to fill the existing job vacancies. Seasonal unemployment is caused by the seasonal demand of consumers for some goods and services, i.e., the demand for these goods and services changes seasonally.

Cyclical unemployment refers to unemployment caused by a decline in aggregate social demand during a recession or depression in an economic cycle.

3) Different types of hidden unemployment.

There is no unemployment theory in Western economics.

Some are full employment theories.

If there is not full employment, then the unemployment rate is too high.

Because even in the case of full employment, there is still a little bit of unemployment. (For example, some people are reluctant to go to work.) ）

The basic prerequisite for full employment is the conditions of a market economy.

To deal with unemployment in our country, we should start by strengthening the construction of a market economy, that is, let the market adjust the relationship between supply and demand by itself in order to achieve a balance.

Instead of the current planned economic system.

China has slowly transformed from a planned economic system to a market economic system. **Transition from direct intervention to macroeconomic control. Regulate the rate of economic growth to increase.

employment opportunities and increase the employment rate.

There will definitely be some problems in the middle, just like the previous laid-off and reemployment of employees of state-owned enterprises.

And, of course, family planning. You can't be old!

Low levels of education and an abundance of cheap labor will also put pressure on the problem of unemployment.

1 All the reasons are:

1. The inflation of monetary factors is manifested in too much liquidity, resulting in the depreciation of the purchasing power of money;

2. Cost inflation, which is mainly due to two reasons: the rise in wages and raw materials, which eventually leads to the rise in products;

3. Structural inflation;

4. Mixed inflation.

5. Others, such as imported inflation.