principle of economy answer please as soon please Generally, labour market is positively associated with the economic performance.Hence, the implementation of Malaysia National Recovery Plan (NRP) has allowedsome flexibility for economic and services activities to resume in line with the NRP'sphases. This targeted strategy has brought some light for the labour market to recoverprogressively.With the permission for more business activities to reopen under Phase1 along with transitions of some states into Phase 3 and Phase 4, more labour marketactivities are foreseen in the upcoming months. Nonetheless, due to uncertain publichealth 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.Q3Identify and state the type of unemployment based on the information givenbelow.(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 firsttime.

A person is said to unemployed if he/she is ready to work but not getting any job, and actively…

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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

principle of economy

answer please as soon please

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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