The three types of unemployment are
A)voluntary, involuntary and structural.
B)frictional, part- time and involuntary.
C)voluntary, part- time and cyclical.
D)frictional, structural and cyclical.

Question

Quizplus · Accepted Answer

The three main types of unemployment are frictional, structural, and cyclical. Frictional unemployment occurs when people are between jobs or entering the workforce. Structural unemployment happens when there is a mismatch between skills and job requirements. Cyclical unemployment is related to the economic cycle, increasing during recessions.

The Three Types of Unemployment Are