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Topic 9 unemployment, Policies (P10), social, economic - Coggle Diagram

- - - - voluntarily
        
        when new entrants join the labour market, they are unemployed for a period of time while they are looking for a new job
      - sacked
      - made redundant
    - - imperfect information
        
        qualified unemployed workers cannot immediately be matched up with existing job openings
        
        company believes there are not enough qualified workers
  - - - declining demand
      - change in conditions of supply
        
        technological unemployment
        
        regional unemployment
  - - - AD-AS diagram
  - - - annual weather cycle
      - traditions and customs
  - - - real wage for jobs are forced above the market clearing level
- - - - GOVT measures to cut business cost
  - - - Budget 2009 Resilience Package
        
        Jobs Credit
        
        SPUR for workers and professionals
        
        Workfare Income Supplement (WIS) Special Payment
        
        Government hiring
  - - - Stabalisation and Support Package
        
        Job Support Scheme (JSS)
- - - - Structural unemployment
    - - Cyclical Unemployment
    - - Technological unemployment
  - - - Frictional Unemployment
    - - Seasonal Unemployment
    - - Imported Cyclical Unemployment
    - - Demand Deficient Unemployment