1. Which of the words and phrases below are associated with unemployment?

To waste human resources; decreased economic activity; the economy picks up; economic slowdown; the economy scales back; to lay off workers; natural resources constraints; available jobs; a threat to economic stability; a wealthy economy.

2. Which of the words below can make word partnerships with the word economic?

Boom; stagnation; workers; recession; unemployment; downturn; inflation; stability; businesses; the unemployed; decline; trigger; owner; development.

D. Word Usage

1. Complete: use an appropriate preposition where necessary.

to (2), for (4), in (2), at, from

1. Low unemployment is a major goal … stabilizing the economy.

2. Economists pay attention … the reasons … unemployment.

3. People used to stay … the same job … years, or even decades.

4. People try to find the work best suited … them … the highest possible wage.

5. Demand … some jobs changes dramatically … season … season.

2. Linking: match the first half of each sentence with the most appropriate second half.

1. Two major economic problems are …	a) a level of unemployment in which none of the unemployment is caused by decreased economic activity.
2. Low unemployment …	b) to minimize the level of unemployment.
3. The public authority of any nation today is …	c) the whole institutional structure and dynamics of the national economy.
4. Full employment is …	d) normal and not a threat to economic stability.
5. Excessive or persistent unemployment hurts …	e) stabilizes the economy.
6. Frictional unemployment is … 7. The ability of an economy to create new jobs depends on …	f) unemployment and inflation. g) the least economically secure.

3.Complete: choose the words from the box that best complete the following sentences. Not all the words will be used.

cyclical unemployment, seasonal unemployment, frictional unemployment, structural unemployment, full employment, disguised unemployment, work force, unemployment rate

There are different types of unemployment. 1 represents workers changing jobs to increase their working satisfaction or to accommodate a move to another region. 2 results from significant changes in the economy and in the way work is done. Even during periods of 3 about four to six percent of the 4 is still unemployed.

4. Complete: use appropriate information from the text to finish the following sentences.

1. Expert economists advise government officials … .

2. The unemployment rate is … .

3. Cyclical unemployment is caused by …, while seasonal unemployment is determined by … .

4. A dynamic economy will often create structural unemployment because … .

5. Unemployment is inefficient because … .