Unemployment

Front

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

Back

frictionally unemployed

Front

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

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cyclically unemployed

Front

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

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Cyclical Unemployment

Front

Farm helpers are unemployed when the cropping season is over.

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seasonal

Front

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

Back

He/she is undergoing a career change

Front

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

Back

frictional

Front

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

Back

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

Front

Sum of the employed and the unemployed

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Labor Force

Front

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

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Not in the Labor Force

Front

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.

Back

Unemployed