Unemployment Cause
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An Unemployment Cause is a cause that can result in a unemployment event and lead to a state of unemployment (of an unemployed worker).
- AKA: Job Loss Cause.
- Context:
- It can range from being a Voluntary Unemployment Cause to being an Involuntary Unemployment Cause (such as a job disappearance event).
- It can be associated with an Underemployment Cause.
- Example(s):
- a Worker Bad-Performance Unemployment Cause.
- a Depressed Economic Demand Unemployment Cause, such as an economic recession.
- a Frictional Unemployment Cause, such as a bad housing market (because people cannot sell their home to relocate).
- a Skill-Mismatch Unemployment Cause, such as a rapidly increased need for numeracy skill, literacy skill, or software programming skill.
- a Technological Unemployment Cause, such as the introduction of the Telegraph and eMail.
- …
- Counter-Example(s):
- See: Cause.
References
2014
- http://www.economist.com/blogs/freeexchange/2014/10/technology-and-productivity
- It would be a remarkable irony if the driverless car — in many ways the symbol of the technological revolution that is now reshaping modern economies — fails to materialise as an economic reality thanks to the disemploying power of other technologies. It would also be a perfect illustration of how stagnant wage growth can cause slow growth in measured productivity.
2012
- http://en.wikipedia.org/wiki/Unemployment
- QUOTE: ... There remains considerable theoretical debate regarding the causes, consequences and solution for unemployment. ... Structural arguments emphasize causes and solutions related to disruptive technologies and globalization.