what are the 3 types of unemployment
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Unemployment has three main types:
- Seasonal Unemployment
- Disguised Unemployment
- Educated umployment
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Understanding the 3 Types of Unemployment
- Structural unemployment. Structural unemployment occurs when there is a disconnect between the skills you have and the skills needed by employers. ...
- Cyclical unemployment. Cyclical unemployment has to do with the upward and downward swings of the economy — its cycle, if you will. ...
- Frictional unemployment.
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