THE LABOUR MARKET
215
in the winter months, and correspondingly the number of jobs that cater to
tourists increase in these months. Agriculture in India is known to have peak
demand for labour during the sowing season.
Seasonal unemployment follows a predictable pattern and is unlike
other types of unemployment that affect workers as a part of the normal
transition from one job to another.
F
RICTIONAL
UNEMPLOYMENT
, for instance,
results when people are in transition between one job and another, or when
they first enter the labour market to search for work. Though the labour
market serves to match available jobs with available workers, ...
Get Macroeconomics, 2nd Edition by Pearson now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
