Unit 2 Chap 1 Part 2

Question 0

What are the four types of unmployment?

Answer 0

Frictional

Structural

Cyclical

Seasonal

Question 1

What is unemployment?

Answer 1

When someone is able and willing to work but cannot find a job

Question 2

What is seasonal unemployment?

Answer 2

When someone works for a certain season are unemployed after that time finishes

Question 3

What is Frictional unemployment?

Answer 3

When someone is in between jobs. Eg. Actor

Are unemployed but are looking for a job