What are the three types of unemployment
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The three types of unemployment
Structural unemployment.
Cyclical unemployment.
Frictional unemployment.
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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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