More Call For Retraining as Many Jobs Might Not Return Job postings for administrative assistants, human resources

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More Call For Retraining as Many Jobs Might Not Return Job postings for administrative assistants, human resources personnel, food service workers, beauty consultants, and pet groomers have dwindled. Two-thirds of those unemployed are considering switching occupations, which in many cases will mean retraining.

a. What is the main type of unemployment that retraining programs seek to avoid? Explain.

b. How might government funded retraining influence the natural unemployment rate?
Explain.

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Related Book For  answer-question

Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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