Match the following unemployment types with their definition. (3 points)

Question

Types:
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 a business cycle.

Definitions:
Structural Unemployment
Frictional Unemployment
Cyclical Unemployment

Answer 1

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