Consider the following sentences. Frictional unemployment results because it takes time for workers to search for the jobs that best suit their taste and skills. Structural unemployment results because the number of jobs available in some labor markets is insufficient to provide the jobs for everyone who wants one.

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Economics 101 Practice Test: Unemployment — practice the complete quiz, review flashcards, or try a random question.

Unemployment is when someone is actively looking for a job but can't find one. The unemployment rate is the most common way to measure unemployment. It's calculated by dividing the number of unemployed people by the working population.  Here are some types of unemployment: Structural unemployment: When a worker's skills don't match the skills needed for available jobs. This can also happen when workers are available but can't get to the jobs' locations. Frictional unemployment: When people are unemployed while looking for a new job or taking a break from work. This type of unemployment is... Show more

Consider the following sentences. Frictional unemployment results because it takes time for workers to search for the jobs that best suit their taste and skills. Structural unemployment results because the number of jobs available in some labor markets is insufficient to provide the jobs for everyone who wants one.






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