Types of Unemploymentpart III continued frictional structural cyclical

Types of Unemployment—part III continued frictional, structural, cyclical or seasonal

Summary ¡ ¡ FRICTIONAL: consists of those searching for jobs or waiting to take jobs soon (not bad, there is mobility as people change or seek jobs) STRUCTURAL: due to changes in the structure of demand for labor (skills become obsolete—a new trade needs to be learned or location change) CYCLICAL: caused by the recessionary phase of the business cycle (agg. spending) SEASONAL: caused by being able to work only during certain times of the year

Frictional, Structural, Cyclical or Seasonal? 1. You have just graduated from college and are looking for work. ¡ 2. Military cutbacks have led to displacement of workers in militaryrelated industries. ¡ 3. A ski-coach during June, July, August and September. ¡ 4. A computer programmer is laid off due to a recession. ¡

Frictional, Structural, Cyclical or Seasonal? 5. Advances in technology make assembly line worker’s jobs obsolete. ¡ 6. A skilled woodworker becomes unemployed because a machine can do the job faster. ¡ 7. Slumping sales lead to a cashier being laid off ¡ 8. An editor leaves her job in New York to find work in San Francisco. ¡

Check your answers ¡ 1. You have just graduated from college and are looking for work. l ¡ 2. Military cutbacks have led to displacement of workers in militaryrelated industries. l ¡ FRICTIONAL STRUCTURAL 3. A ski-coach during June, July, August and September. l SEASONAL

¡ 4. A computer programmer is laid off due to a recession. l ¡ 5. Advances in technology make assembly line worker’s jobs obsolete. l ¡ CYCLICAL STRUCTURAL 6. A skilled woodworker becomes unemployed because a machine can do the job faster. l STRUCTURAL

¡ 7. Slumping sales lead to a cashier being laid off. l ¡ CYCLICAL 8. An editor leaves her job in New York to find work in San Francisco. l FRICTIONAL