Identify and state the type of unemployment based on the information given below. (i) Hashim lost his job because he lacks marketable job skills. Workers at the construction site lost their jobs due to a Covid19 pandemic. (iii) Some fishermen were laid off during the monsoon season.
Identify and state the type of unemployment based on the information given below. (i) Hashim lost his job because he lacks marketable job skills. Workers at the construction site lost their jobs due to a Covid19 pandemic. (iii) Some fishermen were laid off during the monsoon season.
Chapter1: Making Economics Decisions
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![Generally, labour market is positively associated with the economic performance.
Hence, the implementation of Malaysia National Recovery Plan (NRP) has allowed
some flexibility for economic and services activities to resume in line with the NRP's
phases. This targeted strategy has brought some light for the labour market to recover
progressively.With the permission for more business activities to reopen under Phase
1 along with transitions of some states into Phase 3 and Phase 4, more labour market
activities are foreseen in the upcoming months. Nonetheless, due to uncertain public
health situation, the challenges to the labour market may persist. On this note,
collaboration and awareness of the whole nation comprising of individuals,
community as well as business are crucial to ensure heard immunity can be achieved,
thus will be able to revive the country's economyand labour market.
Q3
Identify and state the type of unemployment based on the information given
below.
(a)
(i)
Hashim lost his job because he lacks marketable job skills.
(ii)
Workers at the construction site lost their jobs due to a Covid19 pandemic.
(iii)
Some fishermen were laid off during the monsoon season.
(iv)
Fresh graduates form a university seeking employment for the first
time.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1ea9ea54-3fac-4ff4-8d1f-181b8390fd8d%2F42340f50-9f3d-472c-bff6-db32a9be7ef8%2Fjfxnzfn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Generally, labour market is positively associated with the economic performance.
Hence, the implementation of Malaysia National Recovery Plan (NRP) has allowed
some flexibility for economic and services activities to resume in line with the NRP's
phases. This targeted strategy has brought some light for the labour market to recover
progressively.With the permission for more business activities to reopen under Phase
1 along with transitions of some states into Phase 3 and Phase 4, more labour market
activities are foreseen in the upcoming months. Nonetheless, due to uncertain public
health situation, the challenges to the labour market may persist. On this note,
collaboration and awareness of the whole nation comprising of individuals,
community as well as business are crucial to ensure heard immunity can be achieved,
thus will be able to revive the country's economyand labour market.
Q3
Identify and state the type of unemployment based on the information given
below.
(a)
(i)
Hashim lost his job because he lacks marketable job skills.
(ii)
Workers at the construction site lost their jobs due to a Covid19 pandemic.
(iii)
Some fishermen were laid off during the monsoon season.
(iv)
Fresh graduates form a university seeking employment for the first
time.
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