Match each type of employment with its definition.(2 points)

Question

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Unemployment associated with workers who are between jobs.
Unemployment resulting from mismatches between employer needs and employee skills.
Unemployment associated with the highs and lows of the business cycle.

Answer 1

Here are the matches for each type of unemployment with their definitions:

1. Frictional Unemployment: Unemployment associated with workers who are between jobs.
2. Structural Unemployment: Unemployment resulting from mismatches between employer needs and employee skills.
3. Cyclical Unemployment: Unemployment associated with the highs and lows of the business cycle.

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