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WorksheetsTypes of Unemployment
Total questions: 35
Worksheet time: 20mins
One measure of our nation's economy is Unemployment Rate. What does this measure?
how many workers want jobs
how many workers don't want to work
how many workers want a different job
how many workers want to work, but can't find a job
There are levels of unemployment. Someone who is working part-time but would prefer full-time, or who is working a job below their ability/skill-set is ___
discouraged worker
marginally attached worker
underemployed
lazy
There are a few types of unemployment. Workers who lost their jobs due to poor economic conditions are part of ___ unemployment
frictional
seasonal
structural
cyclical
Agricultural workers usually don't have work to do during the winter. This is known as ___ unemployment
frictional
seasonal
structural
cyclical
There are a few types of unemployment. Workers who lost their jobs due to new technology that eliminated their job are part of ____ unemployment
frictional
structural
seasonal
cyclical
When there is rise in prices due to lack of supply, meaning that the dollar "doesn't buy what it used to" there is __
inflation
deflation
unemployment
a conspiracy
Typical temporarily unemployed person.
Frictional Unemployment
Seasonal Unemployment
Cyclical unemployment
Structural Unemployment
Type of unemployment that occurs because worker's skill set does not match available jobs.
Frictional Unemployment
Seasonal Unemployment
Cyclical unemployment
Structural Unemployment
A change in season creates this type of unemployment.
Frictional Unemployment
Seasonal Unemployment
Cyclical unemployment
Structural Unemployment
Unemployed as a result of the business cycle.
Frictional Unemployment
Seasonal Unemployment
Cyclical unemployment
Structural Unemployment
What is the main cause of frictional unemployment?
In between jobs or searching for new employment opportunities
Retirement
Lack of education or skills
Being satisfied with current job
How does structural unemployment differ from frictional unemployment?
Structural unemployment is caused by a decrease in consumer spending, while frictional unemployment is caused by a lack of available jobs
Structural unemployment is caused by excessive government regulations, while frictional unemployment is caused by technological advancements
Structural unemployment is caused by a recession in the economy, while frictional unemployment is caused by a decrease in the labor force participation rate
Structural unemployment is caused by a mismatch between the skills of the workforce and the requirements of the job market, while frictional unemployment is caused by temporary transitions or search for new jobs.
What are some examples of industries affected by structural unemployment?
Technology, healthcare, and education
Manufacturing, agriculture, and mining
Construction, transportation, and energy
Retail, hospitality, and finance
What is the primary cause of cyclical unemployment?
Changes in consumer preferences
Technological advancements
Government regulations
Fluctuations in the business cycle
How does seasonal unemployment differ from frictional unemployment?
Seasonal unemployment is caused by long-term economic downturn, while frictional unemployment is caused by short-term economic fluctuations
Seasonal unemployment is caused by lack of demand for labor, while frictional unemployment is caused by technological changes
Seasonal unemployment is caused by government policies, while frictional unemployment is caused by lack of available jobs
Seasonal unemployment is caused by changes in the seasons or weather, while frictional unemployment is caused by people transitioning between jobs.
What are some examples of seasonal unemployment?
Construction workers
Retail workers
Doctors and nurses
Agricultural workers, lifeguards, ski resort workers
What are the effects of cyclical unemployment on the economy?
Cyclical unemployment leads to increased consumer spending and higher tax revenues.
Cyclical unemployment leads to decreased consumer spending, lower tax revenues, and a decrease in overall economic output.
Cyclical unemployment leads to an increase in job opportunities and economic growth.
Cyclical unemployment has no impact on overall economic output.
What are some strategies to reduce frictional unemployment?
Improving job search methods, providing training and education programs, and creating better information systems for job seekers and employers
Limiting job search resources for unemployed individuals
Increasing taxes on businesses
Reducing access to education and training programs
Tayveon was laid off from his job at Arby’s. He sees a lot of ads for jobs for nursing, but he doesn’t know a lot about medicine.
frictional
structural
seasonal
cyclical
Maryam graduated last May with a degree in public health. She was looking for a job for four months until she found a research position in her field in midtown Detroit.
frictional
structural
seasonal
cyclical
Karl works at a ski resort in Colorado. He is busy in the winter but has to look for other work in the summer.
frictional
structural
seasonal
cyclical
Dale was a construction worker. In 2008, it seemed like all the jobs vanished when the economy hit a slump. He couldn’t find steady work for 4 years.
frictional
structural
seasonal
cyclical
Dionna and Shilah work in landscaping. Each winter, they collect unemployment for a few months before their work picks up again.
frictional
structural
seasonal
cyclical
This type of unemployment would cause the most widespread unhappiness in the economy.
frictional
structural
seasonal
cyclical
The government might begin a job skills program to deal with this type of unemployment.
frictional
structural
seasonal
cyclical
This type of unemployment might be considered “good unemployment.”
frictional
structural
seasonal
cyclical
Biff, a lifeguard at the local YMCA, sleeps on his mom’s couch in November without a job. Biff is considered to be:
Frictionally unemployed
Seasonally unemployed
Structurally unemployed
Cyclically unemployed
Barrett finds himself to be out of a job when Chevrolet starts manufacturing spaceships instead of motor vehicles on their production line. He is among those who would be considered to be:
Frictionally unemployed
Seasonally unemployed
Structurally unemployed
Cyclically unemployed
During a deep economic recession in January, Santa Claus found himself to be out of a job. He is among those who are also:
Frictionally unemployed
Seasonally unemployed
Structurally unemployed
Cyclically unemployed
What type of unemployment occurs during a transition period from one job to another job?
Frictional
Structural
Seasonal
Cyclical
What is the unemployment????
decisions to work based on each individuals' valuation of their own work
proportion of younger workers in the labor force
the situation of actively looking for employment but not being currently employed.
person who is simultaneously an income earner,
Which type of unemployment consisting of search unemployment and wait unemployment ( for workers who are either searching for jobs or waiting to take jobs in the near future)???
frictional
cyclical
functional
structural
What is the cause of seasonal unemployment
Advances in technology replacing labour
Possible causes: advances in technology replacing labour, foreign competition, globalisation, occupational & geographical immobility
Seasonal changes in employment due to seasonal peaks and falls in demand
There are always hundreds of thousands of job vacancies in modern economies
You have job
Employed
Unemployed
Unemployment rate
One measure of our nation's economy is Unemployment Rate. What does this measure?
how many workers want jobs
how many workers don't want to work
how many workers want a different job
how many workers want to work, but can't find a job
