List and explain the type of unemployment the following workers are more likely to experience . Explain the types of government policies that can be used to reduce each type of unemployment

1. Felix is an outdoor event organiser working for one of the leading events organising companies. Due to COVID-19 and the economic downturn, outdoor events are cancelled, and Felix lost his job.

2. Martin is a manufacturing worker with very little knowledge and education. He works for the car industry. His employer introduced new technology in car production and Martin lost his job since he does not have the required skills.

3. Melinda works part-time in a supermarket and she recently graduated with an engineering degree. She quits her current job to look for a job in an engineering company.

 

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1 Felix This is Cyclical Unemployment Cyclical unemployment is a type of unemployment that occurs when there is not enough aggregate demand in the eco... View the full answer