What type of unemployment the picture speaks of? What should be done to mitigate (solve) this problem?
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Answer:Frictional Unemployment = Frictional unemployment is when workers change jobs and are unemployed while waiting for a new job.
2. Structural Unemployment = Structural unemployment is when economical shifts reduce the need of workers.
3. Cyclical Unemployment = Cyclical Uemployment is when natural business cyles bring about a loss of jobs.
4. Seasonal Unemployment = Seasonal unemployment is when seasonal cycles reduce the need for certain jobs.
5. Technical Unemployment = Technical unemployment is when an advance in technology eliminates certain jobs.
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