Question

Describe unemployment and its types
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Answer 1

Answer:

The state of being without any work yet looking for work is called unemployment.

There are three main types of unemployment: cyclical, frictional and structural. Cyclical unemployment occurs because of the ups and downs of the economy over time. ... Seasonal unemployment is a type of structural unemployment that happens when the structure of the economy changes from month to month.

Answer 2

Answer:

there are three main types of unemployment cyclical structural,and frictional 1.cyclical unemployment is unemployment ,the most familiar. Its occurs during a recession.2. Two structurak and frictional make up the natural unemployment rate.