Topics
Hysteresis unemployment
Hysteresis unemployment is a type of long-term unemployment that results from the persistence of high unemployment rates over an extended period of time. It occurs when the economy experiences a period of prolonged weakness, such as during a recession, which leads to a high level of structural unemployment. Structural unemployment is a type of unemployment that occurs when there is a mismatch between the skills and qualifications of the unemployed workers and the needs of the job market. During a recession, many workers may lose their jobs and find it difficult to find new employment because their skills are no longer in demand or because there are few job openings in their field. This can lead to a situation where the unemployment rate remains high even after the economy recovers, because many workers are unable to find new jobs or are only able to find jobs that pay less than their previous ones.
-
UK Economy - Are there 3 million hidden unemployed?
31st January 2023
-
Social Costs of High Unemployment
Study Notes
-
Worsening health holds back UK economic growth
11th November 2022
-
Economic Growth (Revision Quizlet Activity)
Quizzes & Activities
-
New evidence on labour market hysteresis
25th August 2016
-
Aspects of the Economic Cycle - Revision Presentation
Study Presentations
-
Evaluating the Effects of Recession
Topic Videos
-
Greek Economy: Supply-Side Weaknesses
Topic Videos
-
Unemployment - 2021 Revision Update
Study Notes
-
What is Economic Scarring?
Topic Videos
-
Huge rise in the claimant count as recession bites
20th May 2020
-
Will the world economy suffer hysteresis?
23rd March 2020
-
Long Term Unemployment
Topic Videos
-
Synoptic Economics: Falling Unemployment
Topic Videos
-
Supply-side policies (Quizlet Activity)
Quizzes & Activities
-
Structural weaknesses continue to haunt UK economy
9th July 2017
-
Unemployment and hysteresis
10th February 2013
-
Europe: No Country For Young People
10th February 2015
-
Ghost Factories of Greece in Pictures
23rd May 2015
-
Hysteresis Effects from the Global Financial Crisis
28th August 2015
-
Has Britain coped better than in previous recessions?
18th October 2015