Unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called ___ seasonal unemployment. frictional unemployment. cyclical unemployment. structural unemployment.

Unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called ___ seasonal unemployment. frictional unemployment. cyclical unemployment. structural unemployment.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter12: Business Cycles And Unemployment

Section: Chapter Questions

Problem 14SQ

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Question

Question 22

Unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called ___

		seasonal unemployment.
		frictional unemployment.
		cyclical unemployment.
		structural unemployment.

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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