Suppose a friend has just graduated from college and has been sending out resumes, interviewing for jobs, but has not yet accepted a job offer. In terms of labor market measurement, your friend is Suppose a friend has just graduated from college and has been sending out resumes, interviewing for jobs, but has not yet accepted a job offer. In terms of labor market measurement, your friend is unemployed and would be categorized under structural unemployment out of the labor force unemployed and would be categorized under frictional unemployment employed because they are looking for a job