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robert just found out that he is going to be unemployed within a month …

Question

robert just found out that he is going to be unemployed within a month because his factory has invested in a robotic factory line and his skills are no longer needed. this means that robert is. the gdp within country d has begun to decline. as a result of decreased production, thomas lost his job designing cars. this means that thomas is. raquel has just been offered a job, but she has decided not to take it because she is waiting for a higher - paying and a better position. this means that raquel is. cyclically unemployed, frictionally unemployed, structurally unemployed

Explanation:

Brief Explanations
  • Robert: His skills are no longer needed due to factory - automation (robotic factory line), which is a structural change in the job market, so he is structurally unemployed.
  • Thomas: His job loss is due to a decline in GDP and decreased production, which is related to the business - cycle, so he is cyclically unemployed.
  • Raquel: She turned down a job in search of better pay and position, which is a normal job - search process, so she is frictionally unemployed.

Answer:

  • Robert: structurally unemployed
  • Thomas: cyclically unemployed
  • Raquel: frictionally unemployed