Econ Storyboard

Econ Storyboard

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  • I just lost my job! Now the natural rate of unemployment is going to increase.
  • Hey, whats wrong John?
  • Oh no! That could cause a recession if that happens to a lot of people. Why did they fire you?
  • They got a new machine at the factory and I don't know why they had to fire me.
  • Okay great!
  • Oh, well maybe it's a seasonal thing, but I know someone who might be able to explain this better
  • See I told you he knows his stuff
  • Hi there John, I'm Marcus and I know a little something about economics. You lost your job due to structural unemployment, which is when new technology makes your job obsolete 
  • Wow, thank you so much, I understand why I am currently unemployed now 
  • Hey, it looks like everything worked out, but I didn't know there was a job open here.
  • Oh boy! I would love that, thank you so much Marcus. Now I don't have to become a discouraged worker. 
  • Well since you don't have a job right now, would you like one? I just happen to own this gym. 
  • Well there is now, you're fired Becky! 
  • I Hate you Marcus!
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