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employment practices. The means of production are still mostly privately owned, and private citizens can buy, sell, and invest any way they choose.

Text 3

The most important aspect of the bank teller job description is to cater to the financial needs of the customers. The bank tellers work in different banks in urban and rural or under developed areas. The salary for the bank tellers can grow steadily with consistent performance, acquiring new skills and having proper educational

qualifications.

The bank tellers perform various tasks at the counter of the bank in which they work. The main duty of a bank teller is to receive the payments in the form of cash or checks from the customers. They also give the money to the customers from their accounts by completing the formalities and standard procedures. The bank teller job description also involves checking and evaluating minor details during deposit or withdrawal transactions made by the customers. They have to check whether the

details written on the withdrawal slip are correct or not.

The bank teller job description also involves solving various problems faced by the customers regarding the transfer of money, withdrawal and deposits. If there are problems in the statement of the accounts, the bank tellers solve these problems by carefully analyzing the problem and finding solutions fast. Once the normal banking hours of the bank are over, then the bank tellers have to fill up a settlement sheet in which they are supposed to mention all the financial transactions carried out by them during the entire day.

Text 4

Unemployment is an economic condition where an individual or individuals seeking jobs cannot manage to get themselves economically employed. The level of

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unemployment differs with economic conditions and other market forces. Basically, there are five types of unemployment.

Frictional Unemployment: Frictional unemployment is a temporary condition. This unemployment occurs when an individual is out of his current job and looking for another job.

Structural Unemployment: Structural unemployment occurs due to the structural changes within an economy. This type of unemployment occurs when there

is a mismatch of skilled workers and occupational vacancies in the labor market.

Classical Unemployment: Classical unemployment is also known as real wage unemployment or disequilibrium unemployment. This type of unemployment occurs when trade unions and labor organization bargain for higher wages, which leads to

economic recession. When there is a downturn in an economy, the aggregate demand for goods and services decreases and demand for labor decreases. At the time of

seasonal nature of the job is known as seasonal unemployment. The industries that are affected by seasonal unemployment are hospitality and tourism industries and also the fruit picking and catering industries.

Рекомендуемая литература

Основная литература

1.Маньковская З. В. Деловой английский язык: ускоренный курс [Электронный ресурс]: Учебное пособие / З.В. Маньковская. - М.: НИЦ ИНФРА-М, 2014. - 160 с. - ЭБС «Знаниум» -

Режим доступа: http://www.znanium.com/ - Загл. с экрана.

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Методические указания для самостоятельной работы для студентов по всем направлениям подготовки (уровень бакалавриата)