Are you unemployed and Searching for Work By: Harrison Joyce

Types of Unemployment

Frictional- People who are in the process of moving from one job to another.

Structural- When there is an absence of demand for people who are working in a particular job.

Cyclical- This type of unemployment occurs when people are in search of work or a job.

These are the three main types of unemployment and unemployment can come from many different types of ways and tends to happen more when there is less demand for products.