different kinds of unemployment

The type of GDP that shows the value of all the goods and services produced in a country measured in current dollars (not adjusted by inflation)

The type of GDP that shows the value of all the goods and services produced in a country measured in

unchanging dollars (adjusted by inflation)

Temporary or transitional unemployment where workers have valuable skills but

they are currently unemployed

Unemployment as a result of workers not having valuable skills or unemployment

caused by technological advances that replace workers

Unemployment caused by a weak economy (recessionary gap)

Artis recently graduated from high school and is filling out job applications at local restaurants.

Anthony is laid off from work because he is a life guard at the local water park. He is experiencing what kind of unemployment?

• Structural
• Seasonal
• Frictional
• Cyclical

Toluwani quit his job at Burger King to go to college full time to earn a

degree in economics.

• Not Counted

• Structural
• Seasonal
• Frictional

Nick, a worker at the hoverboard factory, is laid off when the demand for

hoverboards falls due to a downturn in the economy.

Napoleon, Emir, and Brian at the DeLorean plant are laid-off when they are replaced by

robots.