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9 . Types of unemployment The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics. Identify each
9 . Types of unemployment The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics. Identify each person in the table as structurally, frictionally, or cyclically unemployed. Unemployment Type Structural Frictional Cyclical Eric recently lost his job as a delivery driver, Minimum-wage legislation keeps employers from adding more O O O of the low-skill positions for which he qualifies, so he has been unable to find work. Ginny just moved with her husband to Bismark, North Dakota. She's looking for a job as a judicial clerk. O O O Demand for new vehicles has fallen during a recent recession, and Lucia has been laid off from her job at O O O an automotive factory. The following table presents data on frictional, cyclical, structural, and total unemployment for an economy. Rate Unemployment Type (Percent) Frictional 3.1 Cyclical 0.0 Structural 1.0 Total unemployment 4.1 True or False: This economy is currently at its natural rate of unemployment. O True O False
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