Everyone in the world is very familiar with the “word” unemployment and what it means as well as what it can mean for people who get hit with it quite unexpectedly. Coincidentally, people know about the basics of unemployment that is a person who does not have a job or employment of any kind. However, what some people do and do not know is that there are 4 additional forms of unemployment that exists. These 4 are all hard hitting in their own right, and as bad luck would have it, the people they hit are conversely hit even harder; the 4 are these.
Seasonal Unemployment
This form of unemployment is “seasonal” like its name implies, has jobs available during the seasons where they are expectedly welcomed. For example, spring is the time when grass cutting is in full swing that means there are a lot of people who will more than likely be out knocking on people’s doors to cut their grass. However, once fall hits in late September early October then people stop cutting grass because it is too cold which is one of the most unfortunate effects of this form of unemployment. Another example, summer jobs. After the school year is over, most parents usually demand that their children get a summer job and make a little money; to realize the concept of what it means to be responsible. The effect of this is that once school starts back in, those blessed with those summer jobs become cursed because they are forced to give up their temporary means of monetary satisfaction. Example #3, Salvation Army bell ringers, it has brought many of a happy face to many children and bell ringers are always needed; the downside to this is that once Christmas is over than the monetary well-spring is pretty much dried up. Beggs (2014) decrees that unemployment creates a problematic situation where a person can’t find a job to live their lives and take care of their responsibilities. (para. 2) Seasonal unemployment is the worse form of unemployment because it leaves a lot of people without money for several months to a year.
Structural Unemployment
This form of unemployment is somewhat a jack of all trades because people can be fired or unemployed because they might lack or are lacking, another reason could be the workplace format is changing. For example, people who want a job in Human Resources because of their degree in the field are unemployed because they lack the particular experience that the firm is looking for. Case in point, a newly graduated college student with a degree in HR and the firm that they are looking to get a job at is looking for 4 years+ HR experience, this puts the college grad on the immediate unemployment list because he lacks the experience. Example #2, a person in a higher position are unemployed because they lack knowledge. Case in point, someone who is a cafeteria worker, but cannot make head cook without a degree in culinary arts and hospitality. Automatically, this deems the cafeteria individual unemployed because they lack the skills and knowledge to move up in the company, when a person hits that kind of obstacle, it becomes a slippery slope as far as having a job there when they finally do have the knowledge and skills. Another example, people who are looking to get a fresh start in a new place, but are unemployed for a long period because of the lack of jobs in that particular area that they are moving to/settled in. Case in point, a couple who has divorced and are trying to get respective fresh starts in different states/cities. Gray (2014) states that a change in scenery is one of the primary reasons of why structural unemployment is one of the most unstable forms of unemployment in existence. (para. 2) A lot of times, structural unemployment, can mean the difference between life and death, life in the aspect that people are giving up what they left behind. The death part comes in the form of the money they were making before leaving for someplace new.
Cyclical Unemployment
This form of unemployment is the most frustrating of the 4 because it is more based on a need than a service, people who would otherwise contribute to a particular service in which this falls under is likely to leave people unemployed. For example, take a cable provider. In a perfect world, people are always looking to get cable for their homes. However, there are some people who would not be able to afford cable because they lost their jobs, and, as a result, some cable companies cannot stay open because of the recessive effect. Example #2, salesmen and women who sells products online and up close and personal. People who are suffering because of the recession are forced to pinch pennies until they can figure out how to get more money that leaves sales people out of work because of their inability to make money because of the recession. Another example is a college student cannot find a job because the recession is impacting a particular job in their field of employment that they want to get a job in.
Frictional Unemployment
Frictional Unemployment can be seen as a means to hope there is a job waiting for people in their field or their ideal job, this categorizes people into two groups, those who pass the interview and those who prefer to have a job in their field. One example of this is people who are working in a job like a factory or janitor, they then decide to leave that job to hunt for another. The downside to this is that it could take a person longer to find that new job after leaving the old one, sometimes a person’s luck in this aspect is good and sometimes bad. A secondary example of this is a person who applies to 7 or 8 places and trying to make a decision about which job to go to. For example, a person has to make a choice to take the job as a Human Resources manager at a reduced salary, or a secretary at half the pay, but with full benefits. The downside to this is that the person could end up with no job at all if they wait too long to make a decision, they could end up getting passed over for someone else. Example #3, a woman who has spent a large amount of her time taking care of her children finally decide that it is time to make money for herself, so she looks for a job with the intent of going back to work. This type of unemployment usually depends on a person’s willing and hard work to find a job, but the effect of this is that some people get greedy about what they want, and they end up with nothing.
Works Cited
Beggs, J. (2014, January 1). Types of Unemployment. . Retrieved June 8, 2014, from http://economics.about.com/od/unemployment-category/a/Types-Of-Unemployment.htm
Gray, C. (2014, April 17). 4 Types of Unemployment. . Retrieved June 8, 2014, from http://www.ehow.com/info_8182767_4-types-unemployment.html
