Unemployment Concepts

People are unemployed through no intention of their own

• Voluntary unemployed

• Retired

• Involuntary unemployment

• Structural unemployment

Being in paid produtive work.

• Part time employed

• Full time employed

• Productive

• Employed

Every member of the labour force is able to find

work without undue difficulty

• Economic boom

• Full employment of labour

• Plentiful jobs

• Labour shortage

Percentage of the labour force that will always be

without work

• Natural rate of unemployment

• Welfare recipients

• Structural unemployed

• People between jobs

Workers have more skills or qualifications than the

job they are doing needs because work for which

they are best suited is not available

• Highly educated

• Overqualified

• Underutilised resource

• Underemployed

People choose not to work for various reasons,

even if offered a job

• Retired

• Having a gap year

• Voluntary unemployed

• Lazy

Where labour is unused, even though willing and

able to be employed

• Labour unemployment

• Jobless

• Underutilised

• Replaced by machinery

State what type of unemployment is shown....

A parent who has been caring for children for four years has been job-hunting for three months.

• Cyclical

• Structural

• Frictional

• Seasonal

State what type of unemployment is shown.... Redundant factory workers find that they have no skills for the jobs available in their town.

• Cyclical

• Structural

• Frictional

• Seasonal

State what type of unemployment is shown.... Due to an economic recession, unemployed machinists have been unable to find jobs.

• Cyclical

• Structural

• Frictional

• Seasonal