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Voluntary Unemployment
People choosing not to work.
Nice redundancy.
Benefits better.
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Seasonal Unemployment
eg Skiing (only employed in
winter season) and other
tourist industries.
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Frictional Unemployment
The time between people moving between jobs. Time lag
between ending old job and starting new job.
JOB 1 JOB 2
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Structural Unemployment
Long term changes in structure of the industry ­ eg decline.
Wrong skills and qualifications for other jobs.
Structure Struct
ure
I'd like to be a dentist:
I can sew
I can garden
I'm good at history
This is a great job for me.
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Technological Unemployment
Capital taking over labour.
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