Poverty and Unemployment

Temporary unemployment experienced by people changing jobs.

• frictional unemployment
• seasonal unemployment
• structural unemployment
• cyclical unemployment

a situation where jobs exist but workers       looking for work do not have the necessary skills for these jobs.

• frictional unemployment
• seasonal unemployment
• structural unemployment
• cyclical unemployment

unemployment linked to seasonal work

• frictional unemployment
• seasonal unemployment
• structural unemployment
• cyclical unemployment

unemployment caused by a part of the business cycle with decreased economic activity

• frictional unemployment
• seasonal unemployment
• structural unemployment
• cyclical unemployment

the percentage of the labor force that is jobless and actively looking for a job.  

• Unemployment Rate
• Full employment
• poverty
• poverty rate

the percentage of people living in households that have incomes below the poverty threshold.

• Unemployment Rate
• Full employment
• poverty
• poverty rate

does not mean that everyone is employed

• Unemployment Rate
• Full employment
• poverty
• poverty rate

a situation where a person lacks the income and resources to achieve a minimum standard of living

• Unemployment Rate
• Full employment
• poverty
• poverty rate

pays benefits to retirees, survivors and the disabled

• welfare
• Medicare
• Medicaid
• Social Security

government economic and social programs that provide assistance to the needy.

• welfare
• Medicare
• Medicaid
• Social Security