Business, 19.05.2020 19:01 Matildagann
Match each form of unemployment with an example. Note that every item may not have a match.
a. cyclical unemployment
b. structural unemployment
c. frictional unemployment
1. An unemployed paper mill worker. The local paper mill shut down due to lack of demand for paper products in a digital age.
2. An unemployed banker during a recession. The banker would be hired back once the economy began growing normally again.
3. A retiree. After a successful career in real estate, she now lives off her retirement savings and Social Security.
4. An unemployed stockbroker who is willingly taking some time off before looking for a new job.
5. An unemployed cashier. A small clothing store shut down due to its customers buying clothes from a new big-box retailer.
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Match each form of unemployment with an example. Note that every item may not have a match.
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