economics
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| wage drift | show 🗑
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| reasons for different wage rates | show 🗑
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| Wage freeze | show 🗑
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| show | Unemployment as a result of a decrease in demand for goods and services
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| structural unemployment | show 🗑
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| Frictional unemployment | show 🗑
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| show | when the demand for a certain industry is only during a specific time of the year and it falls for the remainder of the year.
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| show | 1. When there is a disincentive to work ie welfare is greater than wages
2. obstacles to the mobility of labour
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| occupational mobility | show 🗑
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| show | The ability to move from one place to another
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| show | 1. Language/ Cultural barriers
2. Lack of housing/ high rent
3. Not qualified
4. work permits/ gov policy
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| underemployment | show 🗑
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| show | everyone under 65 who gets jobseeker's allowance
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