Voluntary Unemployment – Definition, Examples, Types & Reasons

Published on: 20 December 2021 Last Updated on: 05 February 2025

Voluntary unemployment is a circumstance where the unemployed individual decides not to consider the job at the going wage rate. This can be due to various reasons that we will discuss in this article.

This type of unemployment refers to voluntary non-working. Examples of this unemployment are people who refuse certain job offers because their benefits are not in line with expectations.

On the other hand, voluntary unemployment contrasts with involuntary unemployment, which includes people who are prepared to work but are jobless.

What Is Voluntary Unemployment? How Is It Different From Involuntary Unemployment?

Voluntary unemployment describes the number of individuals in an economy without jobs because they choose to be unemployed. The primary reasons can be an incompatibility with open positions or low wages.

On the other hand, involuntary unemployment means there are no types of job openings that fit your expertise. Or, you may not have the right qualifications that fulfill the employer’s expectations.

So, I believe that both topics should not be overemphasized. In fact, most of the workers even have a chance of being employed at a certain wage level.

Reasons For Voluntary Unemployment

There can be specific reasons for voluntary unemployment and these are described below.

i). Certain jobs are very boring, such as security guard, fruit picking, etc.

ii). There are many individuals who are looking for a job as per their skills and qualifications. However, it is very difficult to find nowadays.

iii). There are many unemployed benefits a person receives from the government when he/she has no way to feed their family.

iv). High marginal tax rates also prevent people from looking for work. These tax rates minimize the salary they bring home.

v). Most people think that they are financially prosperous with unemployment benefits rather than considering low wages.

Voluntary Unemployment Relationship With Other Forms Of Unemployment

Voluntary Unemployment is politically sensitive because it highlights that the unemployed are lazy and not willing to work due to low wages. It can also cause poverty in the long run if it is used as a reason for cutting unemployment advantages.

So, there is a strong relationship between voluntary unemployment with other forms of unemployment.

1. Involuntary Unemployment

Involuntary unemployment occurs when those who are able and ready to work at the going wage rate but are limited by factors beyond their control.

These factors can be efficiency wage theory, implicit wage bargaining, labor market inflexibilities, and deficiency of aggregate demand.

2. Demand Deficient Unemployment

Demand Deficient Unemployment occurs when a fall in economic growth leads to less demand for labor. A fall in aggregate demand means that fewer goods and services are in demand, and less labor is needed.

For example, the demand deficient unemployment graph had increased during the Covid-19 pandemic. At the same time, the unemployment rate had also increased.

3. Structural Unemployment

Structural unemployment is caused by a mismatch of skills between the available jobs and the unemployed. This is usually caused by changes in the economy.

For example, skilled pilots would lose their jobs if airplanes became completely automated. Then, these pilots may struggle to start again in the new industry.

4. Frictional Unemployment

Frictional unemployment is when employees decide to leave their current positions in order to find new ones and individuals entering the workforce for the very first time.

Besides, this unemployment type has a very close relationship with voluntary unemployment, and it occurs naturally.

Frequently Asked Questions (FAQs)

1. What Are The Six Types Of Unemployment?

Ans: The six most common types of unemployment are Frictional unemployment, Institutional unemployment, Structural unemployment, Cyclical unemployment, Disguised unemployment, and Technological unemployment.

2. What Are The Examples Of Voluntary Unemployment?

Ans: Voluntary unemployment refers to deciding not to be employed despite the availability of work. The best example of voluntary unemployment is quitting one’s job, and there can be various reasons for the same.

3. Is Voluntary Unemployment Not Considered As Unemployed?

Ans: Voluntary unemployment is the situation where a person is able to work but denies to work due to many reasons. They are known as unemployed of their own will. Thus, they are not considered unemployed and will not be given any benefits by the government.

4. What Is The Difference Between Voluntary And Involuntary Unemployment?

Ans: Voluntary unemployment is the situation where a person is able to work but denies to work due to many reasons. At the same time, involuntary unemployment occurs when a person is unemployed, notwithstanding being ready to work at the current wage.

The Final Thoughts

Voluntary unemployment is rising at present, and there are many reasons for the same. For example, a person looking for a job and not getting the desired job according to his skills and qualifications may reject the job opportunity. Thus, this is all about voluntary unemployment and how it affects your day-to-day life.

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Mashum Mollah

Mashum Mollah is the feature writer of Search Engine Magazine and an SEO Analyst at Real Wealth Business. Over the last 3 years, He has successfully developed and implemented online marketing, SEO, and conversion campaigns for 50+ businesses of all sizes. He is the co-founder of Social Media Magazine.

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What Makes A Cover Letter For Resume Stand Out?

When job hunting, a standout resume is the first step in the door with a potential employer. But another component that should never be overlooked is the cover letter for the resume. It’s your chance to show some personality in addition to your resume and tell a story. Whether it is how and why you’ve made it to this point or why you are right for the candidacy. Let’s run through some other resume tips and how they all fit together. Especially when you’re writing that ever-important cover letter for your next big opportunity. Why A Cover Letter? Before discussing structure and style, it’s worth considering why a cover letter is still essential to any job application. While a resume or CV offers the facts about your experience and skills to date, the cover letter sets you apart. It sets the scene for who you are and why you’ll be perfect for the role. 1. A Strong Opening At any given time, on average, there may be anywhere between 50 to 200 applications sent in for one advertised position. So, how do you make your application shine while ensuring accuracy? The best way to grab the reader at hello (or, indeed, their first sight of your application). How about a quick taste hinting at what they will soon discover? Show them an enthusiastic interviewee brimming with excitement over the prospect of working with them. 2. Personalize & Make It Stand Out One of the most important resume tips is never to be generic when writing a cover letter. You want your cover letter for your resume to stand out! Not sound like it was written by someone who submitted their application for every company advertised on the job boards. Make sure you speak specifically about why you are interested in that job with that company. Also, do some research before you apply for the job to get a feel for the type of company it is. Then, try incorporating similar values or beliefs about the industry into your cover letter. For Example, If the company you’re applying to is big on innovation and you’ve previously worked on a creative project, put it at the very start. It’ll make your cover letter more memorable. “I am interested in applying for the Marketing Manager position at [Company Name]. I’m passionate about being able to tell creative stories and have developed and delivered some innovative campaigns. Which I feel would be a great fit for your team!” 3. Show, Don’t Just Tell One of the most important resume tips when writing a cover letter is to support your claims with evidence. Instead of saying, “I have strong conceptual skills,” give an example showing your leadership in action. For Example, “I oversaw leading a team of 10 to create a social media strategy that boosted engagement by 30% in 6 months. My direction helped the team to work together effectively." By giving specific examples, you don’t just make the hiring manager understand what you can do, but you also talk about your achievements. 4. Connect Daily Work To Job Title Another great resume tip is to read the job posting closely and consider connections between your day-to-day experiences and what the company seeks. Now, highlight the same for your cover letter for your resume. If the job description mentions that you need experience with customer relationship management (CRM) systems, you have it; mention it! Don’t leave it up to the hiring manager to determine your qualifications. For Example: “I have worked with Salesforce for five years and know I can oversee and enhance CRM systems to facilitate customer engagement and business development.” 5. Don’t Just Paste Your CV Your cover letter shouldn’t be a rehash of your CV! Plus, recruiters get frustrated when they must read the same thing after reading your resume. To take advantage of the ‘cover’ part of the cover letter. Yes, you need to use it as an opportunity to explain how you would benefit from an employer. The best way to do this is not with complex and lengthy sentences but with clear and confident writing. Let your cover letter show enthusiasm (a love, even) for the job. For Example, "I’ve always been impressed with [Company Name]'s reputation for sustainability, and amazingly. Your team is truly committed to innovation and the future." You can end it well with this! "Thank you for considering my application. I look forward to discussing how my experience and skills could contribute to your organizational goals. Please contact me at your convenience so that we can schedule a time to speak or meet.” 6. End It Well! End your cover letter for your resume on a high note! Politely let the employer know that you’ll be in contact to schedule an interview. Plus, don’t forget to mention how excited you are to apply for the position. For Example: “I would welcome the chance to speak with you further about how I could benefit [Company Name]. Thank you for your consideration. I hope to have the opportunity to contribute to your team.” 7. Proofread For Perfection This is probably the most important part of writing a cover letter! Keep it free from grammatical errors! Typos and grammatical errors can make even the best-written cover letter appear sloppy and unprofessional! One of the most basic yet frequently overlooked resume tips is double-checking your cover letter for typos. You want to show that you’re careful, and typos don't give that impression! Before you submit it, take the time to re-read your cover letter. Especially if it is a fresher cover letter. Get a friend or mentor to read it and provide feedback. A peer removal can always be useful in catching something that you missed. 7. Keep The Format Simple And Professional Also, remember to pay attention to the formatting of your cover letter. Keep the contents on a single page and use spacing effectively. In addition, maintain a professional tone while providing insight into your personality so that your letter leaves an employer wanting to learn more about you. They shouldn't lose track while reading huge paragraphs! That is a major buzz kill, and they might not even finish reading it! At the top of the letter, include your name and address (alternatively, you can include your phone number/ email but not both), followed by the date and the recipient’s name and address. If you can’t find this information easily, you can put yourself ahead of other applicants by addressing it properly: “To the Hiring Manager” or “To Whom It May Concern.” Yes, (Before You Ask Again), It Is Important! Never ignore the power of a cover letter for a resume. A resume is just data, but a cover letter is your chance to tell why you became the person you are today and why the position you’re applying for is the perfect next chapter in your career. Many job seekers may think the cover letter is less important than the resume. However, writing a strong introduction makes it easier for the employer to connect with you and put your resume on top of the stack. Employers won't even look at your resume if they aren’t impressed with your cover letter. So, consider it an opportunity to bridge your resume to an interview. To show personality and excitement about the position and get them to want to know more about you! It’s a process, so be patient. Work on personalizing each one before sending it out, and spell-check everything! & If our tips got you at that job interview, don’t forget to check out the interview questions to prepare yourself better! Read Also: Top 10 Best Job-Boards In The US In 2023: A Comprehensive Guide How Many Jobs Are Available In Precious Metals? Is Hotels/Resorts A Good Career Path In 2021

Achieving Academic And Clinical Placement Success For Nurses

Nursing is an extremely rewarding and fulfilling career choice. Nursing school is a very exciting and busy time in your life, especially toward the end of your education. Practicing good strategies for balancing your academic, clinical placement, family, and other obligations is important. As a prospective nurse, it’s important to understand what you can do to improve your experience so you can be well-prepared for your future career. Here are some tips for balancing your life while attending classes, clinical placements, and studying for your nursing licensing exams. Practice Good Time Management Managing your time is difficult as a student. Some nursing students have more obligations than others to consider when creating a good time management plan. This can be very challenging, but it is achievable with good planning and discipline. Considering your obligations for a week and making a plan or schedule is helpful. It’s also important to realize that things happen sometimes that are beyond your control that may make it necessary for you to reorganize your day. This is good practice for working as a nurse because nurse schedules can vary wildly due to the unpredictable nature of healthcare. Of course, being realistic about what you can do in a day is critical. Trying to pack too much into each day for an extended period can lead to burnout and affect all areas of your life. Nursing can be stressful, and it’s important that staff use all the resources available to them during busy times. This is particularly important for those who are studying alongside their work placement. Avoid Procrastination Waiting until the last minute to take care of priorities can make life extremely stressful. It’s important to schedule time to catch up on tasks that take longer than expected. Using your time effectively and efficiently is crucial in avoiding last-minute stress. Be realistic about what is most important and prioritize those tasks first. If there are particular things that you find yourself procrastinating on more than others, then you need to consider why that is and take steps to put yourself in a better mindset to take on the task and get it out of the way sooner rather than later. Take Care Of Yourself Being driven and highly motivated is great, but, as a nurse, it’s important to make sure you stay healthy and happy in order to provide the best care you can to your patients. Nursing can be very physically demanding. Eating a nutritious diet and exercising regularly will help you have the energy you need to get things done while keeping you fit and healthy. Of course, everyone needs some time to relax and enjoy a hobby or pastime. Prioritizing self-care at home will help you perform at your best in the workplace. Don’t forget to make time for important things in your life, such as family, friends, and the activities you enjoy outside of work and studying. Allow Enough Time For Sleep Clinical placements are very important to take seriously; they are an excellent place to gain valuable references, and in some cases, you may even be able to land a position at the facility where you are doing your placement at. During your clinical placement, it is imperative that you are well-rested and alert so you can provide your patients with a high level of care while learning the skills you need to do your job well While it can be tempting to work as much as possible to further your career, it is not a good idea. You need to get adequate rest to perform well in your placement and studies. Even if you allow enough time for sleep, it may be that stress and having a lot on your mind makes it hard to fall asleep and stay that way. Doing something relaxing for at least 30 minutes before you want to go to sleep is a good idea. Avoiding computers, tablets, and smartphone screens is recommended. Try reading a physical book, listening to music, taking a relaxing bath, or doing whatever it might be that makes you feel relaxed in a healthy way. Use The Support Of Those Around You Using the support of friends, family, and partners is important when studying alongside a work placement. Ensuring that those around you are aware of your busy schedule means that you can maintain healthy relationships that can support you through your work. Partners, friends, and family are able to provide both emotional and practical support. Talking to loved ones can be an important emotional support, while friends, family, and partners can offer practical help by helping you out around the house, or caring for your pets or children. If you have important exams that mean extra study time, be proactive in making sure that your schedule is cleared for the most part well in advance. Your loved ones will understand if you’re more busy for a time, and can be an invaluable source of help through a stressful time. Tips For Academic Success Finding time to study may seem challenging, so it is good to have some strategies to help you make the most of your time. Take Plentiful And Good Notes The notes you take are important. For starters, you learn things better if you write them down. Notes help you have the information you need the most in a concise format. Great notes mean you can create a study guide that can help you concentrate on the information you need the most for exams, papers, and other work. Consider Studying With A Partner Having someone to study with can be very useful and help you both stay on task. During study sessions, you can quiz each other and rely on one another to discuss and explain concepts you are struggling with. A study session with a buddy can also be an opportunity to have a bit of fun. A reward at the end of a successful study session can boost your mood and provide a welcome break from a day’s hard work. The reward can be anything you both enjoy, such as catching up with a television show, taking a walk, or eating some particularly good food. Vary Your Study Locations It is easy to get in the habit of studying in the same spot every time. This can become boring and eventually make it harder to concentrate. Even if you have to study at home, you can switch desks or rooms, or even try working in the garden. Alternatively, consider studying at the library, a favourite coffee shop, the park, or anywhere with a comfortable, suitable space. Nurses working toward the same or a similar qualification can meet in a study group to compare notes and motivate each other. This is particularly practical for those working on the same nursing placement. Study groups are a great opportunity to enhance learning, socialize, and bond with fellow students and colleagues. Consider How You Learn Best Everyone is different when it comes to learning habits and practices. It is important to be honest about your learning style and how you learn best. Some people do well with memorization exercises while others may need to write something down multiple times. All of this can depend on what kind of learner you are. The time of day that you study can make a big difference too. If you are able to study during the part of the day or night that you are most alert and seem to learn the best, then you will make the best use of your study time. If you are not a morning person, then trying to study then is not the best use of your time. Consider if you study best in shorter but more frequent sessions or when you can set aside longer blocks of time and plan your schedule accordingly. Eliminate As Many Distractions As Possible We live in a very distracting world. In modern times there is social media and unlimited distractions available via the internet. While it is important to find time to do things you enjoy and you absolutely should not neglect family obligations, it is important that you have some time that is solely dedicated to studying without any major distractions. If you have to do so, silence alerts on your phone, and eliminate any unnecessary technology. It can also help to keep it simple when it comes to meals and snacks to save time. There are also a number of apps available that can help productivity and will stop you from using your phone for certain periods of time or can block the more distracting social media apps. Making The Most Of Your Clinical Placements No matter what level of nursing degree you are trying to achieve, you will need to complete a series of clinical placements to graduate and qualify for any licensing exams. Nurses advancing their careers through an RN to MSN NP course benefit from degree programs that offer clinical placement services. Wilkes University offers a 100% online program that allows you to choose from three specializations: family nurse practitioner, adult-gerontology primary care, and psychiatric/mental health. Choosing the right clinical placement is very important because it is where you can apply all your previously learned knowledge and help treat actual patients. It’s important also to connect with your preceptor; your preceptor is the mentor you will be working under at a medical facility. They may be an RN, nurse practitioner, or physician, and can provide you with valuable knowledge and experience to help you through your education. Ask Questions Keep a notebook with you during your clinical placement and write down anything of interest or any questions you might want to ask your preceptor. Asking a lot of questions will help you gain the most knowledge and prevent you from making assumptions or mistakes. Writing down your questions is important because, in a hectic healthcare setting, you may have to wait a while until an appropriate moment to ask them arises; not all questions should be asked when you are trying to shadow your mentor while treating patients. Treat Your Placement Seriously Taking your clinical placement as seriously as if it were your permanent job is important to your success. You want to provide your patients with the highest level of care possible; you will learn the most by treating patients conscientiously. Conclusion Balancing academic and clinical placement success is possible. By creating a good schedule based on prioritizing tasks while practising self-care, you can succeed in all areas of your life while pursuing your nursing dreams. Now is a great time to pursue a career in nursing due to the high demand and amazing opportunities it presents. There are online degree programs that you can do while maintaining your regular job. If you have prior higher education, you may qualify for accelerated programs that allow you to achieve your career goals faster than you think. Read Also: Health Tips For Hard Working Men 3 Top Tips to Keep Your Eyes Healthy Health Tips For Hard Working Men

Why You Should Encourage Your Kid To Learn Coding

Computers are everywhere. They’re in our pockets, on our home desks, and at our offices. They’re also in our TVs, microwaves, washing machines, thermostats, cars, airplanes, and just about every other piece of modern technology. So how do programmers communicate with these electronic machines? Through coding, of course. In basic terms, learning to code is learning to communicate with computers using a special set of instructions within a unique framework of rules to give machines specific tasks. What Is Coding? Coding is the process of writing instructions for computers and other devices to perform specific tasks. Coding is also known as programming, software development, or computer science. Coding can be done in different languages, such as Python, Java, and JavaScript, with different syntax, rules, and features. Coding languages are translated into binary code, which is a sequence of 0s and 1s that computers can understand and execute. Coding is used for creating various applications, such as websites, games, mobile apps, software, and artificial intelligence. Codin g can also be used for data analysis, automation, simulation, and research. Coding is a skill that can be learned by anyone interested in computers and technology. Coding can also be a creative and fun activity, allowing people to express their ideas and solve problems. Coding has many benefits, such as improving logical thinking, enhancing creativity, increasing career opportunities, and contributing to society. Coding is also a constantly evolving field, as new technologies and innovations emerge. Coding can help people to adapt to the changing world and to create solutions for the future. 5 Prime Reasons To Encourage Your Kids To Learn Coding More parents are enrolling their kids in the best weekly coding sessions for the following reasons: 1. Coding Can Unlock Career Paths Learning how to code at an early age can help a child understand whether a career path in programming is for them. It can also make it easier to learn more advanced concepts later when studying artificial intelligence, machine learning, deep learning, and other modern IT applications. 2. Programmers Earn Well As you probably know, programmers are in-demand. Experienced programmers have high job security and can quickly shift between employers too. Programmers also earn well. In 2020, the median salary for a computer programmer was 89,190 USD. The best-paid 25 percent made nearly $120,000 that year. 3. It’s an Increasingly Digital World As mentioned earlier, the world is growing more reliant on computers. Nowadays, digital literacy is a significant asset. Even if your child doesn't choose a career path that involves coding, learning how to code can help them understand, appreciate, and navigate the world around them. A computer background can also be helpful in other career paths—for example, professionals in the financial industry leverage artificial intelligence to gain valuable insights from data. 4. Coding Shapes the Mind Coding can help shape a developing mind in some exciting ways. The skills that young programmers learn through coding can also help them in other aspects of life. 5. Coding Can Be Fun! If your child takes to coding, then they'll undoubtedly enjoy it. An entertaining and thought-provoking activity is excellent for any growing person’s mental health. So how do you know if your kid is ready to learn to code? To End Up: Children who display a deep interest in computers and devices at an early age, enjoy strategic games, and have an analytical mind may have an aptitude for coding. You’ll never know until you give them a chance! Additionals: How do you choose an SEO-friendly theme for your website? Have You Heard of Upcoding? It’s a Big Part of Medical Fraud Is Computer Software Prepackaged Software A Good Career Path?

Voluntary Unemployment – Definition, Examples, Types & Reasons

What Is Voluntary Unemployment? How Is It Different From Involuntary Unemployment?

Reasons For Voluntary Unemployment