Objective: Students will learn the 4 Objective: Students will learn the 4 different types of unemployment.different types of unemployment.

WARM-UPWARM-UP► Is all unemployment Is all unemployment

bad? Explain your bad? Explain your answer. answer.

►Also, can you consider Also, can you consider any specific examples of any specific examples of

when unemployment when unemployment can be a good thing?can be a good thing?

Announcements:Announcements:

►ALL Seniors: Come to school by ALL Seniors: Come to school by 9:00 tomorrow. If you want to go 9:00 tomorrow. If you want to go to Magic Mountain, you must be to Magic Mountain, you must be present on ALL SENIOR ACTIVITY present on ALL SENIOR ACTIVITY DAYS.DAYS.

►Pull our a blank sheet of paper Pull our a blank sheet of paper and title it: CHAPTER 8 NOTESand title it: CHAPTER 8 NOTES

UNEMPLOYMENT IS…UNEMPLOYMENT IS…

►SOMEONE ACTIVELY LOOKING FOR A SOMEONE ACTIVELY LOOKING FOR A JOB!!!JOB!!!

►And must be 16 years old or olderAnd must be 16 years old or older

►And now, we’re going to go a little And now, we’re going to go a little more in depth and learn about the four more in depth and learn about the four

different types of unemployment!!!different types of unemployment!!!

Four Different Types of Four Different Types of Unemployment: Unemployment:

►Frictional UnemploymentFrictional Unemployment►Structural UnemploymentStructural Unemployment►Cyclical UnemploymentCyclical Unemployment►Seasonal UnemploymentSeasonal Unemployment

FRICTIONAL UNEMPLOYMENTFRICTIONAL UNEMPLOYMENT

►People looking for their very first jobPeople looking for their very first job►OR people that voluntarily choose to OR people that voluntarily choose to

quit their jobsquit their jobs Moving to another city, state, or countryMoving to another city, state, or country Looking for better pay or benefitsLooking for better pay or benefits

►Least serious type of unemployment Least serious type of unemployment out of the four out of the four

Question to Answer:Question to Answer:

Why is frictional unemployment Why is frictional unemployment the least serious???? What the least serious???? What about its definition makes it not about its definition makes it not too serious?too serious?

STRUCTUAL UNEMPLOYMENTSTRUCTUAL UNEMPLOYMENT

►People that lose their jobs because People that lose their jobs because they are unskilled laborersthey are unskilled laborers

►Easily replaceable by better Easily replaceable by better technology or machinestechnology or machines

►MOST SERIOUS type of unemployment MOST SERIOUS type of unemployment because they get discouraged and because they get discouraged and eventually give up looking for a jobeventually give up looking for a job

CYCLICAL UNEMPLOYMENTCYCLICAL UNEMPLOYMENT

►People that lose a job because of a People that lose a job because of a downturn in the economydownturn in the economy

►They are skilled, but due to slow They are skilled, but due to slow business, some people are fired during business, some people are fired during times of recessiontimes of recession

►When the economy picks up, the can When the economy picks up, the can easily find a job.easily find a job.

SEASONAL UNEMPLOYMENTSEASONAL UNEMPLOYMENT

►People that are People that are unemployed during unemployed during certain times of the certain times of the yearyear

►These are jobs that are These are jobs that are not in demand 365 not in demand 365 days of the yeardays of the year

►A computer technician gets A computer technician gets fired during a recession.fired during a recession.

►A teacher quits her job A teacher quits her job because she is moving to because she is moving to

another state.another state.

►A high school student is A high school student is looking for her very first job.looking for her very first job.

►A ski instructor is out of a job A ski instructor is out of a job after the snow season is over.after the snow season is over.

►A supermarket cashier gets A supermarket cashier gets fired after the store adopts fired after the store adopts

self-check out machine stands. self-check out machine stands.

► Assignment:Assignment: You will need to create a comic strip You will need to create a comic strip that illustrates the four different types of that illustrates the four different types of unemployment. So let’s set up your comic strip unemployment. So let’s set up your comic strip storyboard.storyboard.

► Use pictures, stick figures and captions to illustrate Use pictures, stick figures and captions to illustrate the meaning of each type of unemployment.the meaning of each type of unemployment.

► Remember, it is a storyboard that illustrates the Remember, it is a storyboard that illustrates the definition of each type of unemployment. definition of each type of unemployment.

► Finishing details…it has to be neat and colored!!!Finishing details…it has to be neat and colored!!!

► DUE DATE: Monday, May 14DUE DATE: Monday, May 14thth!!!!!!► 3o points!!!3o points!!!

POINT BREAKDOWNPOINT BREAKDOWN

►5 POINTS EACH FOR THE STORYBOARD 5 POINTS EACH FOR THE STORYBOARD OF FRICTIONAL, STRUCTURAL, OF FRICTIONAL, STRUCTURAL, CYCLICAL AND SEASONAL CYCLICAL AND SEASONAL UNEMPLOYMENTUNEMPLOYMENT

►10 POINTS FOR NEATNESS, 10 POINTS FOR NEATNESS, CREATIVITY, COLOR, ETC…CREATIVITY, COLOR, ETC…

Come Up With Your SketchCome Up With Your Sketch

►Have a rough draft idea of how you Have a rough draft idea of how you will illustrate the four different types of will illustrate the four different types of unemployment. (must finish before unemployment. (must finish before the bell)the bell)

►Come up and after I check it, you can Come up and after I check it, you can receive your BIG WHITE PAPER for receive your BIG WHITE PAPER for your final draft!!!your final draft!!!