Types of Unemployment ---CBHS

What are the (real) causes of unemployment?

• Globalization, outsourcing, and offshoring

• Demographic changes and population growth

• Economic downturns, technological advancements, lack of skills or education, and structural changes in the labor market.

• Minimum wage laws and labor regulations

Which type of unemployment occurs due to changes in the lack of skills or major changes of the economy?

• Cyclical unemployment

• Frictional unemployment

• Seasonal unemployment

• Structural unemployment

Which type of unemployment is caused by fluctuations in the business cycle?

• Seasonal unemployment

• Frictional unemployment

• Cyclical unemployment

• Structural unemployment

What is the term used to describe unemployment that occurs when individuals are between jobs?

• structural unemployment

• frictional unemployment

• seasonal unemployment

• cyclical unemployment

Which type of unemployment is influenced by seasonal factors such as weather or holidays?

• cyclical unemployment

• frictional unemployment

• seasonal unemployment

• structural unemployment

What are some common causes of structural unemployment?

• Technological advancements, changes in consumer demand, and shifts in the economy.

• Rapid population growth, low wages, and political instability.

• Inflation, outsourcing, and natural disasters.

• Lack of education and skills, government regulations, and globalization.

What are some common causes of cyclical unemployment?

• Technological advancements and automation.

• Increase in government spending.

• Rapid population growth.

• Fluctuations in the business cycle and decrease in aggregate demand

What are some common causes of frictional unemployment?

• Lack of education, technological advancements, and outsourcing.

• Inflation, recession, and government regulations.

• Minimum wage laws, labor market rigidities, and mismatched skills.

• Job search, temporary unemployment, and transitions between jobs.

Which of the following identify some common causes of seasonal unemployment?

• Fluctuations in demand for certain industries or occupations tied to specific seasons (weather).

• Natural disasters disrupting seasonal industries or occupations.

• Technological advancements leading to job automation in seasonal industries.

• Changes in government policies affecting certain industries or occupations.

Which type of unemployment is typically temporary and occurs during specific times of the year?

• Seasonal unemployment

• Frictional unemployment

• Structural unemployment

• Cyclical unemployment