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Essay / The Virgin Atlantic - 1707
The Virgin Atlantic offers jobs to godly candidates who wish to join them. But before we go any further, let's explain what the definition of employed and unemployed is. In this sense, employed are those who are currently employed, unemployed are those who are currently not employed, and together with the unemployed they create the labor force (O'Sullivan, Sheffrin and Perez, 2010). From a micro-economic point of view, the company contributes to the country's production in terms of job creation thanks to its aviation activity. In fact, the more they employ, the more they contribute to the marginalization of employees and the unemployed. For example, a successful candidate who eventually works with them will help increase the number of employees in their company. Thus, because of his participation in the company, the employee will provide labor. The manpower they provide will ensure the stability of the company's progression and the maximization of skills with other airline services. Indeed, the more employees the company has, the more efficient the company will be. The shortage of employees will surely contribute to the degradation of the company's image because there are not enough staff to run and organize the company (O'Sullivan, Sheffrin, and Perez, 2010). Therefore, if the problem persists, the company will face bankruptcy and eventually close its doors or in other cases it will close the particular branch facing the staff shortage problem. On the other hand, in the macroeconomic analysis of what the airline represents The company has a link with the economy is that the company will provide jobs on other levels... in the middle paper... like reducing the number of Virgin Australia workers. Layoff for airlines is about achieving profitability by reducing employee salaries. When a reduction in the number of employees was achieved, then there would have been unemployment problems. Unemployment refers to the labor force which includes employed people and unemployed people willing to work but unable to find work (Mankiw, 2007, p. 154). For Virgin Airlines, we can associate it with technological unemployment. The replacement of labor by machines due to technological advancement which produces various automatic machines and computers has caused technological unemployment. This case will save labor costs as there is no need to employ employees due to the existence of sophisticated technology. Where an automatic check-in machine and online registration has been created for users of employee-involved traffic signs..