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26 September, 11:50

Meredith is looking for work as a computer programmer. Although her prospect are good, she hasn't yet taken a job. Julie is looking for work in a steel mill. Every time she shows up for an interview, there are more people looking for work than there are openings. Someone waiting in line with her tells her it has been that way for a long time.

a. Meredith and Julie are both frictionally unemployed

b. Meredith and Julie are both structurally unemployed

c. Meredith is frictionally unemployed, and Julie is Structurally unemployed

d. Meredith is structurally unemployed, and Julie is frictionally unemployed

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  1. 26 September, 12:10
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    C. Meredith is frictionally unemployed, and Juli is Structurally unemployed

    Explanation:

    Frictional unemployment is occurs when people are moving from one job to another. It is sometimes called "search unemployment". It occurs when workers are unemployed or jobless and looking for work.

    In this case, Meredith is looking for work as a computer programmer, thus she falls under the frictionally unemployed category.

    Structural unemployment is a type of employment that is caused as a result of industrial reorganization usually due to technological changes. It occurs when there's a mismatch between skills offered by workers and skills demanded by employers.

    In the case of Juli, there's always more people looking for work than the openings available because of structural changes in the organization which requires less labour in the skills she's offering.
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