To understand why someone cannot get a job, it helps to know the three types of unemployment. List the three types of unemployment and explain what causes each type

What advice for finding a job would be appropriate for someone in each type of unemployment?

Frictional unemployment is the unemployment that arises from the process of matching workers with jobs. These workers are qualified; they just need to search for a job. The advice for finding a job would be to keep searching, because there are jobs available for which they are qualified.
Structural unemployment is unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of the jobs. The advice for finding a job would be to retrain so that they can match up with the requirements of current jobs.
Cyclical unemployment is unemployment caused by a business cycle recession. The advice for finding a job would be to hang in there and continue searching, but realize that there are less jobs available than the number of applicants. The cyclically unemployed person could perhaps get a temporary job until the economy picks up, or perhaps consider continuing his or her education while the business cycle slowdown lasts.

Economics

You might also like to view...

What is government failure?

What will be an ideal response?

Economics

Growth should

A) be the only strategy. B) be a possible strategy. C) never be a strategy. D) be a strategy only if it minimizes ATC.

Economics