Being frictionaly unemployed is no fun

Being frictionaly unemployed is no fun

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  • I just lost my job because of some new technology and now I am structurally unemployed.
  • 1913
  • Hey Emma why are you crying?
  • Emma I am so sorry that you are now counted as unemployed.
  • Yeah ice cream would help.
  • Now I do but it does not make me feel better.
  • Did you know that since everyone who worked on the assembly line has lost their jobs GDP has lowered and  unemployment has sky rocketed and is over the natural rate of unemployment.
  • Ice cream will make you feel better.
  • Josh I am sorry that I am bothering you with my job problems I know that you are still having trouble finding a job.
  • I do feel a lot better. Good idea Josh.
  • Yeah I am still seasonaly uneployed until summer since I am a lifeguard.
  • Did you know that since more people are becoming unemployed that demand is going down and so are prices, this is deflation.
  • I did not know that but I do love to learn new things.
  • good idea.
  • What are we going to do now?
  • Lets go look for jobs.
  • Few hours later...
  • I found a job!!!
  • I did too. Now we are counted in the employment rate.
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