Types od unemployment

Question 1

It is usually short-lived.
It is also the least problematic from an economic standpoint. It occurs when people voluntarily change jobs.

Answer 1

frictional unemployment

Question 2

Are out of work and looking for a job during the off-season.

Answer 2

seasonal unemployment

Question 3

variation in the number of unemployed workers over the course of economic upturns and downturns, such as those related to changes in oil prices.

Unemployment rises during recessionary periods and declines during periods of economic growth.

Answer 3

cyclical unemployment

Question 4

comes about through a technological change in the structure of the economy in which labor markets operate.

Technological changes can lead to unemployment among workers displaced from jobs that are no longer needed.

Answer 4

structural unemployment