1. Objective: Students will learn the 4 different types of unemployment. WARM-UP ► Is all unemployment bad? Explain your answer. ► Also, can you consider any specific examples of when unemployment can be a good thing?

2. Announcements: ► ALL Seniors: Come to school by 9:00 tomorrow. If you want to go to Magic Mountain, you must be present on ALL SENIOR ACTIVITY DAYS. ► Pull our a blank sheet of paper and title it: CHAPTER 8 NOTES

3. UNEMPLOYMENT IS… ► SOMEONE ACTIVELY LOOKING FOR A JOB!!! ► And must be 16 years old or older ► And now, we’re going to go a little more in depth and learn about the four different types of unemployment!!!

5. Four Different Types of Unemployment: ► Frictional Unemployment ► Structural Unemployment ► Cyclical Unemployment ► Seasonal Unemployment

6. FRICTIONAL UNEMPLOYMENT ► People looking for their very first job ► OR people that voluntarily choose to quit their jobs  Moving to another city, state, or country  Looking for better pay or benefits ► Least serious type of unemployment out of the four

7. Question to Answer:  Why is frictional unemployment the least serious???? What about its definition makes it not too serious?

8. STRUCTUAL UNEMPLOYMENT ► People that lose their jobs because they are unskilled laborers ► Easily replaceable by better technology or machines ► MOST SERIOUS type of unemployment because they get discouraged and eventually give up looking for a job

9. CYCLICAL UNEMPLOYMENT ► People that lose a job because of a downturn in the economy ► They are skilled, but due to slow business, some people are fired during times of recession ► When the economy picks up, the can easily find a job.

10. SEASONAL UNEMPLOYMENT ► People that are unemployed during certain times of the year ► These are jobs that are not in demand 365 days of the year

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

12. ► A teacher quits her job because she is moving to another state.

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

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

15. ► A supermarket cashier gets fired after the store adopts self-check out machine stands.

16. ► Assignment: You will need to create a comic strip that illustrates the four different types of unemployment. So let’s set up your comic strip storyboard. ► Use pictures, stick figures and captions to illustrate the meaning of each type of unemployment. ► Remember, it is a storyboard that illustrates the definition of each type of unemployment. ► Finishing details…it has to be neat and colored!!! ► DUE DATE: Monday, May 14 th !!! ► 3o points!!!

17. POINT BREAKDOWN ► 5 POINTS EACH FOR THE STORYBOARD OF FRICTIONAL, STRUCTURAL, CYCLICAL AND SEASONAL UNEMPLOYMENT ► 10 POINTS FOR NEATNESS, CREATIVITY, COLOR, ETC…

18. Come Up With Your Sketch ► Have a rough draft idea of how you will illustrate the four different types of unemployment. (must finish before the bell) ► Come up and after I check it, you can receive your BIG WHITE PAPER for your final draft!!!