Explain different types of unemployment.(learn disguised unemployment very well).
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There are four main types of unemployment in an economy—frictional, structural, cyclical, and seasonal—and each has a different cause. Frictional unemployment. Frictional unemployment is caused by temporary transitions in workers' lives, such as when a worker moves to a new city and has to find a new job.
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There are four main types of unemployment in an economy—
- frictional
- structural
- cyclical
- seasonal
each has a different cause. Frictional unemployment. Frictional unemployment is caused by temporary transitions in workers' lives, such as when a worker moves to a new city and has to find a new job
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