In 2015,JP Morgan Chase Announced That It Was Laying Off

question 1

Multiple Choice

In 2015,JP Morgan Chase announced that it was laying off 5,000 employees.The laid-off employees who were not able to find jobs at another bank due to a permanent decline in demand in the banking industry would be considered

• A)structurally unemployed.
• B)frictionally unemployed.
• C)seasonally unemployed.
• D)cyclically unemployed.

---

Definitions:

Synthetic Opioid

Man-made substances that mimic the effects of natural opiates, often used for pain relief but with a high potential for abuse and addiction.

Disulfiram

A medication used in the treatment of alcohol dependence that works by disrupting the metabolism of alcohol, resulting in unpleasant effects when alcohol is consumed.

Aspirin

A drug designed to alleviate pain, lower fever, diminish inflammation, and at smaller doses, help prevent the formation of blood clots.

Developmental Psychopathology

Research into the origin of mental health conditions that concentrates on the interactions between genetic, mental, and societal influences.