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Categorize the type of unemployment in the following scenario. Chauncey works as a bank manager specializing in housing loans. However, when the 2008 housing-economic crash

Categorize the type of unemployment in the following scenario. Chauncey works as a bank manager specializing in housing loans. However, when the 2008 housing-economic crash occurred, Chauncey was laid off because the bank could no longer afford its housing investment firm. cyclical structural frictional hysteresis

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