Activity 01
Role-Play: Unemployment Scenarios
Assign roles as unemployed workers, employers, and policymakers. Groups present cases of frictional, structural, and cyclical unemployment, then propose retraining solutions. Debrief with class vote on best policies.
What are the social and economic costs of persistent long term unemployment?
Facilitation TipDuring the role-play, circulate to listen for students using terms like frictional or structural unemployment in their conversations.
What to look forPose the following question to small groups: 'Imagine you are advising the Singapore government. Given the costs of unemployment and the concept of the natural rate, what are the two most important policy actions you would recommend to reduce structural unemployment, and why?'