Identifying the Type of Unemployment

Jasmine Walker recently graduated and is applying for marketing jobs but hasn’t found one yet.—bbc.com

Aaron Diangienda has spent more than a year searching for a suitable job and plans to return to college to complete his sports diploma.—bbc.com

Dean Grey, an entry-level software engineer, struggled to find work as the tech market shifted toward AI-related skills. He is now retraining for the changing labor market.—businessinsider.com

Patrick Ciriello, a 60-year-old IT professional, lost his job several times during his career amid the dot-com crash, the 2008 financial crisis, and the COVID-19 pandemic—the guardian.com

Answer the following questions to check your understanding of the story.

Which of these workers have experienced frictional unemployment?

Which of these workers have experienced structural unemployment?

Which of these workers have experienced cyclical unemployment?

How does Aaron Diangienda’s labor-market status change when he returns to college?

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.