Question
For each of the following scenarios state whether unemployment is frictional, structural, or cyclica l. Circle the correct answer. Please answer this question on paper
For each of the following scenarios state whether unemployment isfrictional, structural, or cyclical.Circle the correct answer. Please answer this question on paper and upload it.
1. Jomama lost her job when the steel mill closed down. She lacks the skills to work in another industry and so has been unemployed for over three years.a.Frictionalb..Structuralc. Cyclical
2. Jenna was laid off from her job at the auto plant because the recession reduced the demand for cars. She expects to get her job back when the economy picks up.a.Frictionalb. Structuralc.Cyclical
3. Pearson looked for a job seven weeks after graduating from college with a Bachelor's degree in Philosophy. He turned down a couple of job offers and left a few others because the jobs did not match the skills and knowledge he acquired in school.
a.Frictionalb. Structuralc.Cyclical
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started