Business, 05.05.2020 06:54 ohshushan2

The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics Identify each person in the table as structurally, frictionally, or cyclically unemployed.

1. Susan just graduated from college and is looking for a full-time position with an investment banking firm.
2. Becky is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full-time job.
3. Raphael recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.

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