Ask Question
16 January, 11:24

Robert just found out that he is going to be unemployed within a month because his factory has invested in a robotic factory line and his skills are no longer needed. This means that Robert is. The GDP within Country D has begun to decline. As a result of decreased production, Thomas lost his job designing cars. This means that Thomas is. Raquel has just been offered a job, but she has decided not to take it because she feels her skills merit better pay and a better position. This means that Raquel is.

+3
Answers (2)
  1. 16 January, 11:43
    0
    Robert is losing his job due to structural unemployment. This type of unemployment is from change in industries, particularly due to technological advances.

    Thomas is losing his job due to cyclical unemployment. This type of unemployment is due to the regular ups and downs in the business cycle.

    Raquel declined the job offer and is in frictional unemployment. This is the stage where people are moving from one job to another and deciding between jobs.
  2. 16 January, 11:45
    0
    Answer:structural unemployed, cyclically unemployed, frictionally unemployed
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Robert just found out that he is going to be unemployed within a month because his factory has invested in a robotic factory line and his ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers