Seasonal unemployment can really change things throughout the year! Here’s how it works:
Job Availability: During busy seasons, like summer for tourists, there are lots of jobs available. But when the busy times are over, many workers can lose their jobs.
Income Fluctuation: This can make it hard to predict how much money people will earn. They might make a lot when business is good, but struggle to find work when things slow down.
Employment Rates: Employment rates can look good during the busy seasons, but they often drop when the off-seasons come. This creates a repeating pattern.
By understanding this, we can see how the economy changes with the seasons!
Seasonal unemployment can really change things throughout the year! Here’s how it works:
Job Availability: During busy seasons, like summer for tourists, there are lots of jobs available. But when the busy times are over, many workers can lose their jobs.
Income Fluctuation: This can make it hard to predict how much money people will earn. They might make a lot when business is good, but struggle to find work when things slow down.
Employment Rates: Employment rates can look good during the busy seasons, but they often drop when the off-seasons come. This creates a repeating pattern.
By understanding this, we can see how the economy changes with the seasons!