What category of unemployment would bernardo categorized as

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Problem

The Sao Paulo Company of Metropolitan Trains (CPTM) is the largest urban rail system in Latin America. In 2019 the network averaged 3 million riders per day. In 2020 ridership was cut in half, averaging 1.5 million riders per day as many people stayed home. Bernardo has been employed by the CPTM for the last 8 years and was informed in the summer of 2020 that he was being laid off because rail transport demand had declined. Get the instant assignment help. Now Bernardo finds himself unemployed. What category of unemployment would Bernardo be categorized as?

Reference no: EM133918310

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