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11 October, 06:06

the three types of unemployment are A. voluntary, structural, and cyclical unemployment. B. frictional, structural, and cyclical unemployment. C. natural, unnatural, and cyclical unemployment. D. full, frictional, and involuntary unemployment. The type of unemployment most likely to result in hardship for the people who are unemployed is A. structural because this type of unemployment requires retraining to acquire new job skills. B. cyclical and frictional because these two types are closely related. C. frictional because people need to find a new job in the labor market. D. cyclical because people have to wait for a recession to end.

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  1. 11 October, 06:18
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    1) The answer is Frictional, structural, and Cyclical unemployment.

    2) The answer is Frictional Unemployment.

    Explanation:

    1) Structural Unemployment is largely defined as unemployment that results from perceived value and skills that an individual brings to a job against the needed.

    Cyclical Unemployment is defined as similar to structural unemployment and highly dynamic. when economy is on the upswing, companies hire more workers, and the unemployment rate spikes upward, conversely, when is economy is spiraling downward, its vice versa.

    Frictional Unemployment is often determined by some short term factors like workers who move to another state, city, or town and are looking for a new job, workers who leave their jobs with a goal of finding a better one, college graduate with advance degrees who after earning post-graduate degree, return to the workforce when they find a new job related to their studies.

    2) Frictional unemployment also occur when students are looking for that first job or when an individuals are returning to the workforce, this often result in hardship most times.
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