Unemployment Flashcards
1
Q
Frictional
A
Out of work due to personal short term unemployment
2
Q
Structural
A
Skills no longer relevant
3
Q
Cyclical
A
Unemployed for Economic reasons
4
Q
Seasonal
A
Parts of the year with no work for your job
5
Q
Economically active
A
Able to/are working
6
Q
Economic inactive
A
Not available-students and retiree’s
7
Q
Underemployed
A
May have a job but doing reduced hours
