What are the three main kinds of unemployment?
A)frictional, seasonal, and cyclical
B)temporary, permanent, and volunteer
C)cyclical, structural, and temporary
D)structural, frictional, and cyclical
E)involuntary part-time, structural, and seasonal

Question

Quizplus · Accepted Answer

The three main kinds of unemployment are structural, frictional, and cyclical. Structural unemployment occurs when there is a mismatch between the skills and qualifications of workers and the requirements of jobs available in the market. Frictional unemployment is the result of workers switching jobs or entering the job market for the first time, and is often short-term. Cyclical unemployment is when there is a downturn in the economy and businesses cut back on their workforce.

What Are the Three Main Kinds of Unemployment