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4. Macroeconomics
4.2 Unemployment
4.2.2 Types of Unemployment
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Cards (11)
What does unemployment refer to?
Being without a job
What often causes structural unemployment?
Technological change
What type of unemployment results from a mismatch between worker skills and job requirements?
Structural unemployment
Order the types of unemployment from shortest to longest duration:
1️⃣ Frictional
2️⃣ Seasonal
3️⃣ Cyclical
4️⃣ Structural
What is the primary cause of cyclical unemployment?
Fluctuations in demand
Frictional Unemployment
is caused by people changing
jobs
Cyclical unemployment increases during economic
recessions
.
True
Match the cause with its description for frictional unemployment:
Job Changes ↔️ Individuals seek better opportunities
New Workforce Entrants ↔️ Recent graduates look for jobs
Information Gaps ↔️ Imperfect knowledge about jobs
Structural unemployment is more difficult to resolve than frictional unemployment because it often requires
retraining
Frictional unemployment is considered a natural and healthy part of the labor market.
True
Match the type of unemployment with its duration:
Frictional ↔️ Short-term
Structural ↔️ Long-term
Cyclical ↔️ Medium-term
Seasonal ↔️ Recurring, short-term