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Attempts Score / 4 39. Types of unemployment The three people described in the following table are categorized as unemployed by the Bureau of Labor
Attempts Score / 4 39. 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 Maria is a real estate agent. House sales in her area have declined because the region has been going O O O through a recession. She has no clients and is currently looking for a new full-time job. Hilary is a physician who has decided to relocate to California to be closer to her family. She is currently O O O interviewing with several prestigious hospitals in the San Diego area. Edison recently lost his job as a delivery driver. Minimum-wage legislation keeps employers from adding O O O more of the low-skill positions for which he qualifies, so he has been unable to find work. The following table presents data on frictional, cyclical, structural, and total unemployment for an economy.Rate Unemployment Type (Percent) Frictional 3.6 Cyclical 0.0 Structural 1.1 Total unemployment 4.7 True or False: This economy is currently at its natural rate of unemployment. O True O False
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