Wes Recently Has Graduated from Penn State University and Is

question 5

Essay

Wes recently has graduated from Penn State University and is in the process of finding a full-time job to start his career.He is currently considered to be unemployed because he is actively seeking employment.
a. What type of unemployment is Wes experiencing?
b. What is something the government can do to help limit this type of unemployment?

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Definitions:

Debentures

A type of long-term security issued by a company, backed only by the general creditworthiness and reputation of the issuer.

Mortgage Bonds

Debt securities secured by a mortgage or collection of mortgages, giving holders a claim on the underlying property.

Directors' Meeting

A formal gathering of the board of directors of an organization to discuss and make decisions on company policy and management issues.

Preferred Shares

A type of stock that provides dividends and certain privileges in the event of liquidation before common stockholders.