Which of the following two types of unemployment occur even when the economy is healthy and growing?
A) frictional and structural
B) cyclical and frictional
C) structural and cyclical
D) frictional and practical
E) structural and practical

Question

Quizplus · Accepted Answer

Frictional and structural unemployment can occur even when the economy is healthy and growing. Frictional unemployment refers to the temporary unemployment that occurs when individuals are transitioning between jobs or entering the job market for the first time. Structural unemployment is caused by a mismatch between the skills of workers and the available jobs in the economy. Cyclical unemployment, on the other hand, occurs due to fluctuations in the business cycle and is typically associated with economic downturns.

Which of the Following Two Types of Unemployment Occur Even