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Slide 1

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· Voluntary · Structural
unemployment unemployment
· Seasonal · Technological
unemployment unemployment
· Frictional · Cyclical
unemployment unemployment…read more

Slide 2

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Voluntary Unemployment
People choosing not to work.
Nice redundancy.
Benefits better.
BACK…read more

Slide 3

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Seasonal Unemployment
eg Skiing (only employed in
winter season) and other
tourist industries.
BACK…read more

Slide 4

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Frictional Unemployment
The time between people moving between jobs. Time lag
between ending old job and starting new job.
BACK…read more

Slide 5

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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
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.
BACK…read more

Slide 6

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Technological Unemployment
Capital taking over labour.
BACK…read more

Slide 7

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