Unemployment

A person is laid off from their job manufacturing boxes due to an economic recession.

• frictional unemployment

• structural unemployment

• cyclical unemployment

• not unemployed

Prior to the pandemic, we had over 5,000 open jobs in Broome County but not the skilled people to fill them. This is an example of

• frictional unemployment

• seasonal unemployment

• cyclical unemployment

• structural unemployment

Santa's helpers in July would represent

• frictional unemployment

• seasonal unemployment

• cyclical unemployment

• structural unemployment

As an outdoor lifeguard, you don't have control over your end date, but you expect it and can plan for it.

• frictional unemployment

• seasonal unemployment

• cyclical unemployment

• structural unemployment

The result of voluntary job separations as people look for a better match as well as people entering the labor force.

• frictional unemployment

• structural unemployment

• cyclical unemployment

Farm helpers are unemployed when the cropping season is over.

• frictional

• cyclical

• structural

• seasonal

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

Who among the following would be considered as unemployed?

• A graduating student of legal age to work

• An entrepreneur in the process of starting a new business

• A secretary who has resigned from work & looking at job ads

• A housewife running 2 internet shops at the same time

Sum of the employed and the unemployed

• Employed

• Unemployment

• Labor Force

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