Question

Define unemployment, cyclic al, technological, frictional and open unemployment.​

Answer 1

Answer:

Cyclical unemployment occurs because of the ups and downs of the economy over time. ... Frictional unemployment occurs because of the normal turnover in the labor market and the time it takes for workers to find new jobs. Structural unemployment occurs because of an absence of demand for a certain type of worker.

IF IT HELPS SUBSCRIBE TO MY CHANNEL

WAFI S INNOVATIVE ART AND CRAFTS