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Unemployment Obama’s Speech Thursday 9/8 7PM. Types of Unemployment FrictionalFrictional StructuralStructural CyclicalCyclical SeasonalSeasonal Entering/MovingEntering/Moving.

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Presentation on theme: "Unemployment Obama’s Speech Thursday 9/8 7PM. Types of Unemployment FrictionalFrictional StructuralStructural CyclicalCyclical SeasonalSeasonal Entering/MovingEntering/Moving."— Presentation transcript:

1 Unemployment Obama’s Speech Thursday 9/8 7PM

2 Types of Unemployment FrictionalFrictional StructuralStructural CyclicalCyclical SeasonalSeasonal Entering/MovingEntering/Moving Wrong SkillsWrong Skills Business CycleBusiness Cycle Wrong SeasonWrong Season

3 Today’s Recession Watch programWatch program –Paul Solman of the Newshour (PBS 9/2/11) –Determine what types of unemployment are part of this recession & give examples. – http://www.pbs.org/newshour/bb/business/ july-dec11/makingsense_09-02.html http://www.pbs.org/newshour/bb/business/ july-dec11/makingsense_09-02.html http://www.pbs.org/newshour/bb/business/ july-dec11/makingsense_09-02.html

4 Questions On Thursday Obama will give a Jobs speech. Identify three types of unemployment and give examples of what Obama may do to create jobs for each type of unemployment.On Thursday Obama will give a Jobs speech. Identify three types of unemployment and give examples of what Obama may do to create jobs for each type of unemployment.

5 Homework Watch Thursday’s speech & answer Q’s.Watch Thursday’s speech & answer Q’s. –What policies is Obama proposing? –What types of unemployment do each of these proposals address –Do you think these proposals will be effective from an economic perspective?

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