Types of unemployment

  • Created by: Becky.M
  • Created on: 01-10-18 17:06
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  • Unemployment
    • Cyclical unemployment
      • happens when the economy is not so good ie downturn or recession
    • Structural unemployment
      • when there is a mismatch between supply of skilled workforce and jobs available
    • Frictional unemployment
      • people in the short term process of moving from one job to another
    • Seasonal unemployment
      • only employed at certain times of the year
    • Voluntary unemployment
      • when people choose not to work

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