Frictional Unemployment Puns

Frictional unemployment in this game annoys me to no end. I furlough 5 medical workers so I can get the crime rate high enough to get the stability-improving Crime Lord Deal, and then 8 come back. I swap a research lab for a commercial zone, the scientists say retail work is beneath them. And I have to keep ignoring the blaring UNEMPLOYMENT ON THIS PLANET warning in the outliner for years waiting for them to demote again.

Would the game still work if this "feature" were removed? I could imagine unemployment being changed from a "job" like it is now to an entirely different tier, with pop upkeep determined by a new line in the living standards rather than whatever their old job gave them. I figure the pop demotion time reductions from Communal Parity and that one Harmony tradition could be reworked to give another bonus.

Hi! I have a quick intermediate macroeconomics question.

Suppose I'm in an economy with a labor force of 50 males and 50 females. 45 people of each gender are employed; we're in a steady state, so at each period, the number of people who quit their jobs is equal to the number of people who get a job (It should be easy to see that I considered the job separation rate to be 1/45 and the job finding rate to be 1/5). Suppose that we have a sudden increase in labor force participation in women, an increase which adds 50 women to the labor force, and we assume perfect substitutability of workers of both genders. I want to study the effect of this addition in the short run.

In the short run, real wages are sticky, so I assume that the new entrants to the labor force have nowhere to work in, and due to this stickiness, we have structural unemployment.

My question is, are all those 50 women structurally unemployed? I think that some of them end up frictionally unemployed but I'm not sure how that works. My intuition was that I calculated the long run net labor supply both before and after the increase in women labor force, and it looks like the structural unemployment, with my numbers, accounts for 45 women.

More specifically, old net labor supply is 100*0.2/(0.2+1/45) whereas the new one is 150*0.2/(0.2+1/45).

I might have messed up an assumption somewhere, so it would be great if you could lend me a hand if you were able to follow my reasoning. And if I'm completely off track, pointers are appreciated. Thanks :)

1. If a drop in income level causes Demand to shift to the left, it would be reasonable to conclude:

a. The product is a normal good

b. The product is a superior good

c. Either a or b

2. Given crude oil is a resource used to produce gasoline, if the price of crude oil rose:

a. Supply for Gasoline shifts left, equilibrium price goes up, equilibrium quantity drops

b. Supply for Gasoline shifts right, equilibrium price drops, equilibrium quantity rises

c. Demand for Gasoline shifts left, equilibrium price and quantity both drop

3. Which of the following would cause an increase in the price of pretzels?

a. The quantity demanded of pretzels drops

b. The demand curve for pretzels shifts left

c. The supply curve for pretzels shift left

4. Unemployment that is result of a difference between skills possessed by unemployed workers and skills required to fill job openings is known as:

a. Cyclical Unemployment

b. Frictional Unemployment

c. Seasonal Unemployment

5. The net after-tax Income of a Nation’s affiliated households during a given year is known as:

a. Net Income with other nations

b. Personal Income

c. Disposable Personal Income

6. People specialized in what they are good at and trade because:

a. Buying others’ goods and services is more expensive than making your own

b. Others are able to produce better products at a lower cost than we can for ourselves

c. There is no cost differential between self-sufficiency and trading with others

7. A manager in a restaurant notices that one employee is better at assembling orders, while another is much better at working with the cash register and balancing the till. Rather than have each employee do all tasks, he assigns them to do only the tasks they do best. That manager has engaged in:

a. Allocation of resources

b. An economic decision

c. All of the Above

8. Suppose a student gives up 3 hours of work experience and wages in favor of attending a class twice a week for 3 hours. The value of the work experience and wages would be their:

a. Scarcity

b. Opportunity cost of going to class

c. Specialization and division of labor

Basically, the title, should the government, instead of targeting 'full employment' as defined as the NAIRU or natural rate of unemployment, generally seen to be around 4-6%, should the government instead target substantially lower unemployment, 0-2%.

The government can make good on these targets with a robust set of active labor market policies as well as direct employment of unemployed people by the public sector.

The main argument I have seen in favor of this idea is that unemployment is bad and causes all sorts of social problems, and so we should try to eradicate it. Any concerns about inflation can be remedied by contractionary monetary or fiscal policy.

The main arguments I have heard against it are that it would be inflationary, as the economy would be operating above capacity, and that such a large-scale program would be rife with corruption, mismanagement, and waste.

What do you all think? Is this a promising idea to solve major social problems, or an illiberal socialist fantasy that would plunge the country into massive debt and hyperinflation?

Would it be possible for everyone aged 30 to 60 to be employed and earning a decent wage?

This is the best tl;dr I could make, original reduced by 99%. (I'm a bot)

> Using estimates of worker preferences and productivity, I calculate each type of worker's willingness to move under alternative scenarios such as a local labor market shock or a government-provided moving subsidy.

> Second, employed workers who move are much less likely to become employed after the move than employed workers who stay.

> Parameters in the moving cost equation are identified from variation between the observed characteristics of movers and the probability of moving, along with the assumption that moving costs are symmetric.

> 38 38 For example, the positive coefficient on expected log earnings indicates that cross-location differences in earnings 19 5.2 Moving costs, amenity values, and location-specific parameters With estimates on the elasticity of income and moving costs in Table 6, I can calculate the monetary value of moving costs and amenity values.

> 6.4 Implications for Monopsony High moving costs and labor market frictions keep workers in their current location, even if workers are offered a moving subsidy.

> Workers face costs to moving locations and uncertainty about gaining employment after a move.

Summary Source | FAQ | Feedback | Top keywords: move^#1 work^#2 location^#3 Labor^#4 cost^#5

Post found in /r/Economics.

NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.

I don't want to step on anybody's toes here, but the amount of non-dad jokes here in this subreddit really annoys me. First of all, dad jokes CAN be NSFW, it clearly says so in the sub rules. Secondly, it doesn't automatically make it a dad joke if it's from a conversation between you and your child. Most importantly, the jokes that your CHILDREN tell YOU are not dad jokes. The point of a dad joke is that it's so cheesy only a dad who's trying to be funny would make such a joke. That's it. They are stupid plays on words, lame puns and so on. There has to be a clever pun or wordplay for it to be considered a dad joke.

Again, to all the fellow dads, I apologise if I'm sounding too harsh. But I just needed to get it off my chest.

Do your worst!

This isn’t a typical anti work or entitled gen z type post, It’s just become apparent to me that many people are eager to work for sake of working, for motivations beyond $ and tangible benefits… I sense that society has conditioned us to feel like worthless leeches when unemployed - even if living off of one’s heard earned savings there’s an overwhelming sense of uselessness and guilt that looms overhead and sullies what could and should be a period of relaxation and contentment. Even if on frictionally unemployed for a month or so.

Obviously society was built on the back of hard work, so it’s become socially engrained, and on a neuro biological level we feel a sense of reward from completing tasks and pursuing goals - but why do personal goals feel so frivolous in comparison to employment, even if personal goals involve exploring and learning about the world whilst employment involves simply stacking shelves at the local grocer?

I feel that there’s too much emphasis on the value of work for it’s own sake. We never asked to be here, and we shouldn’t be lambasted for questioning the value or necessity of it. If money isn’t a desperate need (which admittedly it sometimes is) I feel there’s more value to be found reading, writing, playing instruments, exercising, socialising with friends, learning and so on rather than enslaving oneself to some menial job under a power tripping boss for $12 an hour.

Follow this philosophy and you may end up like a few folks I know; competent in certain areas, with an employable skill set, but narrow minded (or indeed money minded), and lacking sensitivity to the avenues of life that don’t comprise of performing a task to ultimately churn profit and make someone else richer.

I digress; nobody should feel guilty or worthless simply for being unemployed

Note: I’m falling sleep as I write this so it might make no sense

I'm surprised it hasn't decade.

For context I'm a Refuse Driver (Garbage man) & today I was on food waste. After I'd tipped I was checking the wagon for any defects when I spotted a lone pea balanced on the lifts.

I said "hey look, an escaPEA"

No one near me but it didn't half make me laugh for a good hour or so!

Edit: I can't believe how much this has blown up. Thank you everyone I've had a blast reading through the replies 😂

It really does, I swear!

Context:

• Introduction (https://www.reddit.com/r/fatFIRE/comments/pyqf2a/confessions_of_a_hectomillionaire_part_1/)
• Investments and Portfolio Management (https://www.reddit.com/r/fatFIRE/comments/q2p32j/confessions_of_a_hectomillionaire_part_2/)
• Expenses and Living without Financial Constraints (https://www.reddit.com/r/fatFIRE/comments/q7fmu1/confessions_of_a_hectomillionaire_part_3_expenses/ )
• I am NOT a Superman ( https://www.reddit.com/r/fatFIRE/comments/qc62m8/confessions_of_a_hectomillionaire_part_4_i_am_not/ )

-------------

When I left my tech job after the big windfall, I thought I would enjoy my retirement life. I was never thrilled to work for “the man”. I thought I would enjoy total intellectual freedom and volunteer/work in the nonprofit/public sector. As mentioned in the previous philanthropy post, I was not impressed with the nonprofit sector. I had a few stints here and there but I was largely unemployed in the past decade because I really want to keep my autonomy. At first, I was unhappily unemployed but now after all these years, I am proud to say I am happily unemployed. Technically speaking, I have a fake job as a “Managing Director of XYZ Fund”. But XYZ fund is self-funded and I don’t have any employees so it’s fair to say it’s not a real job. I was tired of people asking me what I do so I think it’s a good way to dodge the question. Plus, I am actually good at angel investing. I probably spend more time making investments compared to many fund managers as I don’t have to fundraise or respond to requests from LPs.

I started to feel bored and a bit depressed just a couple of months after my *retirement*. I didn’t have a plan before I quit my job. I thought I would just sail into sunset and smell the roses all day long. What I didn’t realize is that I had been institutionalized all my life. It would take some effort for me to become an independent person, to be on my own without institutional support. I wo

Buenosdillas

They’re on standbi

Here is all the penis slang I could find, courtesy of the internet

1. A

2. Ace in the hole

3. Acorn Andy

4. Action Jackson

5. Adam Halfpint

6. Admiral Winky

7. African black snake

8. Afro man

9. AIDS baster

10. AIDS grenade, The

11. Alabama blacksnake

12. Albino cave dweller

13. All-day sucker

14. Anaconda

15. Anal impaler

16. Anal intruder

17. Anal Spear

18. Ankle spanker

19. Apple-headed monster

20. Ass blaster

21. Ass pirate

22. Ass wedge

23. Astralgod

24. Auger-headed gut wrench

25. B

26. Ba-donk-a-donk

27. Baby maker

28. Baby's arm holding an apple

29. Baby's arm in a boxing glove

30. Bacon bazooker

31. Bacon rod

32. Badboy

33. Bagpipe

34. Bald Avenger, The

35. Bald butler

36. Bald-headed beauty

37. Bald-headed giggle stick

38. Bald-headed hermit

39. Bald-headed Jesus

40. Bald-headed yogurt slinger

41. Baldy-headed spunk-juice dispenser

42. Ball buddy

43. Baloney pony

44. Banana

45. Bat and balls

46. Battering ram

47. Bayonet

48. Bavarian Beefstick

49. Beard splitter

50. Bearded burglar

51. Beastus maximus

52. Beaver buster

53. Beaver Cleaver

54. Bed snake

55. Beef baton

56. Beef bayonet

57. Beef belt buckle

58. Beef bugle

59. Beef bus

60. Beef missile

61. Beef soldier

62. Beef stick

63. Beefy McManstick

64. Bell rope

65. Belly stick

66. Best leg of three

67. (Big) Beanpole

68. Big Dick & the twins

69. Big Dickus

70. Big Jake the ene-eyed snake

71. Big Jim and the Twins

72. Big Johnson

73. Big Lebowski

74. Big number one

75. Big Mac

76. Big red

77. Big rod

78. Big Uncle

79. Biggus Dickus

80. Bilbo Baggins

81. Bishop, The

82. Bishop with his nice red hat

83. Bitch blaster

84. Bitch stick

85. Bits and pieces

86. Blind butler

87. Blind snake

88. Blood blunt

89. Blood slug

90. Blood sword

91. Blow pop

92. Blowtorch

93. Blue steel

94. Blue-veined jackhammer

95. Blue-veined junket pumper

96. Blue-veined piccolo

97. Blue-veined puss chucker

98. Blue-veiner

99. Blunt

100. Bob

101. Bob Dole

102. Bob Johnson

103. Bobo

104. Bone

105. Bone phone

106. Bone rollercoaster

107. Boneless beef

108. Boneless fish

109. Boner

110. Boney cannelloni

111. Bone-her

112. Bop gun

113. Bottle rocket

114. Bow-legged swamp donkey

115. Box buster

116. Boybrush

117. Bradford and the pair

118. Bratwurst

119. Breakfast burrito

120. Breakfast wood

121. Broom

122. Brutus

123. Bubba

124. Bulbulous big-knob

125. Bumtickler

126. Bush beater

127. Bush rusher

128. Bushwhacker

129. Buster Hymen

130. Buster McThunderstick

131. Butt blaster

132. Butt pirate

133. Butter churn

134. Butt

Pilot on me!!

I give You Soma Sci-Fi Drama!!!
Finaly after few years (4 or 5 i think) i've wrote my own version of Soma

Full Walktrough with prequel and some bonus i can't reveal :)

I sent this idea to Frictional but i think it will be something like "Assassins Creed Renesans" - ok that was a joke nerds (I am a nerd to... wrote whole story!)

Allready story is in polish but give me some time to translate. Tomorrow you get something, some prolog or first chapter. It depends guys, i am not unemployed :)

If you want to help... i dont know, no, not now :) I really want to done that under the Frictional approval, meant alot for me.I think Two years back i told about this project but only elementary. :)

Of course to prove it i sent pictures of handwriting

https://preview.redd.it/130324hjr9981.jpg?width=4248&format=pjpg&auto=webp&s=08943296bdb8d7e2fd3fc31824a1687dbe9202ef

The Soma Final Notebook

https://preview.redd.it/q22cki68r9981.jpg?width=4248&format=pjpg&auto=webp&s=606a039903314b2092fbd2bb195525a64635176e

https://preview.redd.it/665zrg68r9981.jpg?width=4248&format=pjpg&auto=webp&s=a453ca54a2da767234cc5d68db14a528b3663a95

https://preview.redd.it/zkwode68r9981.jpg?width=5664&format=pjpg&auto=webp&s=3d1c7f2e25085e7fcf96c55ee209a32213bc63c0

About 13 A3 and 1 A4 Notebooks

Dad jokes are supposed to be jokes you can tell a kid and they will understand it and find it funny.

This sub is mostly just NSFW puns now.

If it needs a NSFW tag it's not a dad joke. There should just be a NSFW puns subreddit for that.

Edit* I'm not replying any longer and turning off notifications but to all those that say "no one cares", there sure are a lot of you arguing about it. Maybe I'm wrong but you people don't need to be rude about it. If you really don't care, don't comment.

When I got home, they were still there.

What did 0 say to 8 ?

" Nice Belt "

So What did 3 say to 8 ?

" Hey, you two stop making out "

I won't be doing that today!

[Removed]

You take away their little brooms

This morning, my 4 year old daughter.

Daughter: I'm hungry

Me: nerves building, smile widening

Me: Hi hungry, I'm dad.

She had no idea what was going on but I finally did it.

Thank you all for listening.

There hasn't been a post all year!