Thursday, July 16, 2009

Economics - Unemployment?

What types of unemployment are a part of the unemployment rate? The types I am given are structural, frictional, and cyclical.



Economics - Unemployment?





What is your question? Are those part of the unemployment rate? Yes those are all part of the unemployment rate.



If you want to know what they mean then:



just type into google:



structural unemployment



frictional unemployment



cyclical unemployment



Don%26#039;t be lazy by asking others to do your econ homework. It%26#039;s all in Wikipedia too. You live in the internet age so find stuff for yourself.



Economics - Unemployment?

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Structural unemployment involves a mismatch between workers looking for jobs and the vacancies available often despite the number of vacancies being similar to the number of unemployed people



Frictional unemployment involves people being temporarily between jobs, searching for new ones; it is compatible with full employment. It is sometimes called search unemployment and can be voluntary.



Cyclical unemployment exists due to inadequate effective aggregate demand. It gets its name because it varies with the business cycle.



Check it out, wikipedia.org!

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