Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. • Class : Y11 • Lesson Topic: Government & Economy • Scheme of Work: Unemployment Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. P&D Lesson Objectives Planning and Data ALL (KNOWLEDGE) Define and describe the terms Unemployment MOST (ANALYSIS) Examine and Analyse the types of Unemployment SOME (EVALUATION ) Higher thinking Skills Evaluate & Justify your views of different types of Unemployment Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. P&D Planning and Data Planning Tools Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Define and describe the terms Unemployment [Grade E-D] Examine and Analyse the types of Unemployment [Grade C-B] Evaluate & Justify your views of different types of Unemployment [Grade A-A*] Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Keyword Definition Unemployment, voluntary frictional seasonal, structural cyclical unemployment CONNECTIVES Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. CONTRASTING Although… Except… Moreover… If… However… Yet… Apart from… Unless… Despite… As long as… CAUSE & EFFECT Consequently… Due to… As a result… Therefore.. Because of… Because… CONCLUDING Firstly… After… Secondly… Before… Overall… I believe… Finally… I think … In conclusion… it depends… To conclude… short term… Meanwhile… Long term… COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite… Yet… As long as… Unless… Apart from… If… Moreover… Except… However… Although… ADDING In addition… And… Too… Also… Additionally… As well as… Furthermore… ILLUSTRATING For instance… Such as… In the case of… So… For example… As revealed by… As illustrated by… Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. ATD A-A* 1. To what extent 2. Do you think 3. Evaluate whether (8-10m) 10+ connectives & key words C-B Climb the Ladder 1. Explain 2. Compare 3. Analyse (5-8m) 5+ connectives & key words E-D Apply to demonstrate 1. Define 2. Describe 3. Identify (2-4m) 2 + connectives & key words Unemployment 1. List 3 reasons why the government would want to know how many people are not working. 2. List 2 people not included in the workforce Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Unemployment Objectives • Define • Measurement methods • Causes of Ue – Consequences to follow later p. 107 text Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Websites • UK Economy Tracker Unemployment • UK Unemployment falls • Qatar unemployment tracker Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Define Ue • People in the workforce able, available and willing to work and are actively seeking work. • From the amount of people unemployed, economists find the Unemployment rate (Ue) defined as percentage of people out of work – Jobless – Actively seeking work Calculation : (Unemployed x 100%) ___________________ Labour force p. 107 text Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Measures • Macroeconomic objective is low unemployment. Is FULL EMPLOYMENT POSSIBLE? (3% Ue) • Labour Force Survey (LFS) – The ONS surveys 60,000 households on type of employment; earnings and Ue. – Published every month using International Labour Organisation definition of Ue. (UN body) • Claimant Count – Montlhy count of those claiming Ue benefits. – JSA Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Unemployment UK Unemployment (LFS) and the claimant count, 1992-2002 Explain why there is a difference between the two curves Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Difficulties • LFS captures more people as some are Ue, but not entitled to benefits. – ‘Doing the Double’ – Working and benefits – Under 18 out of school • Which is better for International comparisons? • Claimant count is relatively inexpensive and quick to assemble p. 107 text Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Videos • Costs Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Costs of Ue • TO Society – Lower tax revenues – Higher benefit payments – Social costs: crime, vandalism, family breakdowns and social welfare support, regional decay – Opportunity cost of lost potential output p. 107 text Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Costs of Ue • TO individual: – – – – – De-skilling Loss of self-esteem Lower income – reduced purchasing power and lower standard of living Effects on the family unit Increase in likelihood of stress related illnesses and mental breakdown Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Causes – Frictional Unemployment – where people become unemployed between jobs – Seasonal Unemployment – caused by the seasonal nature of some types of employment – e.g. holiday resorts – Structural Unemployment – caused by changes to the structure of industry in the economy – e.g. the decline of the coal and iron. Or technological Ue due to advances in technology elsewhere. – Cyclical Unemployment due to lack of AD. (Demand deficit Ue) p. 107 text Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Hi Jimmy, you know where our next job is at yet? Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Unemployment Objectives • Define • Measurement methods • Causes of Ue – Consequences to follow later Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Plenary 1. To what extent is structural unemployment the biggest concern for government (8) 1. The claimant count is no longer a viable measurement of unemployment (8) Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. P&D Lesson Objectives Planning and Data ALL (KNOWLEDGE) Define and describe the terms Unemployment MOST (ANALYSIS) Examine and Analyse the types of Unemployment SOME (EVALUATION ) Higher thinking Skills Evaluate & Justify your views of different types of Unemployment Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. ATD A-A* 1. To what extent 2. Do you think 3. Evaluate whether (8-10m) 10+ connectives & key words C-B Climb the Ladder 1. Explain 2. Compare 3. Analyse (5-8m) 5+ connectives & key words E-D Apply to demonstrate 1. Define 2. Describe 3. Identify (2-4m) 2 + connectives & key words Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. R Review the Learning Pass the Parcel Add as much information you can remember from today’s lesson When the horn blows – pass your sheet to the next table! Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. R Review the Learning 2 things your neighbour has learnt today Neighbours 1 question your neighbour wants to ask Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. R Review the Learning Tweet Tweet Summarise your learning today into a single tweet 140 characters Keep all of the information STOP Economics Section: Chp. 34 Further Reading R the Keywords – Review Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Learning 1 question you need to ask 2 new things you learnt 3 pieces of information Economics Section: Chp. 34 Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. 5 minutes. . . GO STOP