(1) Describe the following types of unemployment?

A fifty year old man with a successful career as a gas exploitation engineer. He has chosen to taken voluntary retirement as there are no suitable jobs in the area where he lives. The reserves of gas have dried up and he has no desire to move elsewhere where suitable jobs are available.

Frictional unemployment (my guess, let me know if correct)

A student leaves university with a First class degree in information technology. There are a number of positions open to her but she decides to take a 3 month backpacking holiday in Thailand before taking up her new position.

Frictional unemployment

A farmer who is declared medically unfit to work due to a disability that prevents him from strenuous physical work.

Structural unemployment

A computer engineer whose business collapses during the financial crisis of 2008 / 2009

Cyclical unemployment

A footballer in a lower division club whose season has finished. The new season starts in four months time and he is not paid during the close season.

Seasonal unemployment

A designer of beautiful designer clothing whose business is affected by the slow down in the world economy.

Real wage unemployment

A computer engineer, paid on a contract basis, whose employment contract comes to an end.

Natural rate of unemployment

A young woman has been out of work for a long period of time and has no formal school qualifications. The only work available is part-time and pays her no more than she receives in unemployment benefits.

Natural rate of unemployment

(2) Complete the following sentence, the relationship between GDP and __________________ unemployment is positively correlated.

(3) Explain possible measures that a government might employ to reduce the high rate of unemployment among certain ethic groups as well as the high rates of unemployment among the young.