Unemployment

a student who just graduated from college and is waiting to start their new job is...

• frictionally unemployed

• structurally unemployed

• technologically unemployed

• cyclically unemployed

• seasonally unemployed

a woman who lost her job due to a decrease in sales during a recession in the economy is...

• frictionally unemployed

• structurally unemployed

• technologically unemployed

• cyclically unemployed

• seasonally unemployed

When individuals lose jobs due to a decline in the economy (aggregate demand), often during an economic recession.

• Structural Unemployment

• Cyclical Unemployment

• Frictional Unemployment

• Seasonal Unemployment

Farm helpers are unemployed when the cropping season is over.

• frictional

• cyclical

• structural

• seasonal

Which of these is NOT a characteristic of an unemployed person?

• He/she does not work

• He/she has made specific efforts to find a job

• He/she is laid off from a job in the succeeding months

• He/she is undergoing a career change

When individuals are searching for greener pastures is considered what type of unemployment?

• frictional

• cyclical

• structural

• seasonal

Which of the following best defines unemployment?

• The state of being able to work and actively seeking work, but unable to find employment

• The state of being able to work, but choosing not to

• The percentage of the labour force that is able and actively seeking work, but cannot find employment

• The total number of people who do not work

Sum of the employed and the unemployed

• Employed

• Unemployment

• Labor Force

25 year old man-child who stays in his mom’s basement playing video games.

• Employed

• Unemployed

• Not in the Labor Force

• Not Applicable / Not Counted

35 year old project manager who was let go because his employer went bankrupt. He's applied for several similar jobs but hasn't heard back as of yet.

• Employed

• Unemployed

• Not in the Labor Force

• Not Applicable / Not Counted