Explain how to find employment after college graduation

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Explain how to find employment after college graduation

They are structural, frictional, and cyclical unemployment.


Structural Unemployment Structural Unemployment, one of the three types of unemployment, is associated with the mismatch of jobs and workers due to the lack of skills or simply the wrong area desired for work.

Structural unemployment depends on the social needs of the economy and dynamic changes in the economy. For instance,advances in technology and changes in market conditions often turn many skills obsolete; this typically increases the unemployment rate.

Explain how to find employment after college graduation

For example, laborers who worked on cotton fields found their jobs obsolete with Eli Whitney's patenting of the cotton gin. Similarly, with the rise of computers, many jobs in manual book keeping have been replaced by highly efficient software.

Workers who find themselves in this situation find that they need to acquire new skills in order to obtain a new job.

Frictional Unemployment Frictional Unemployment is always present in the economy, resulting from temporary transitions made by workers and employers or from workers and employers having inconsistent or incomplete information. This type of unemployment is closely related to structural unemployment due to its dependence on the dynamics of the economy.

It is caused because unemployed workers may not always take the first job offer they receive because of the wages and necessary skills. This type of unemployment is also caused by failing firms, poor job performance, or obsolete skills. This may also be caused by workers who will quit their jobs in order to move to different parts of the country.

Frictional unemployment can be seen as a transaction cost of trying to find a new job; it is the result of imperfect information on available jobs. For instance, a case of frictional unemployment would be a college student quitting their fast-food restaurant job to get ready to find a job in their field after graduation.

Unlike structural unemployment this process would not be long due to skills the college graduate has to offer a potential firm. Cyclical Unemployment Unemployment that is attributed to economic contraction is called cyclical unemployment.

The economy has the capacity to create jobs which increases economic growth. Therefore, an expanding economy typically has lower levels of unemployment. On the other hand, according to cyclical unemployment an economy that is in a recession faces higher levels of unemployment.

When this happens there are more unemployed workers than job openings due to the breakdown of the economy. This type of unemployment is heavily concentrated on the activity in the economy.

To understand this better take a look at our Business Cycles section.As a college student or recent graduate, you are likely looking for entry-level work or an internship. Your Career Objective will need to emphasize your personal character traits as . College graduation is just around the corner, which means it’s almost speech season.

In fact, it’s hard to find good, actionable advice in general on how to get a job after you graduate. Download our complete guide to getting a job after graduation here and get 10 free resume templates here.

To explain the importance of planning and preparing for postsecondary options INTRODUCTION: Completing high school is a big accomplishment and figuring out what to do after . Nov 12,  · Among college students, the survey showed that only a third have a presence on LinkedIn.

You will stand out from the competition if you create a LinkedIn account. 2. Aug 14,  · "New graduates who've not had any work experience at all during their studies are increasingly unlikely to be offered a good graduate job after university," said Birchall.

How work experience. I have the following essays: 1. Explain how to find employment after college graduation using a process essay. 2.

Explain how to find employment after college graduation

What are the effects of mobile phones using a causal analysis essay 3.

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