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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
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.
tableUnemployment TypeMaria is a real estate agent. House sales in her area have declined because the region has been goingthrough a recession. She has no clients and is currently looking for a new fulltime job.Hilary is a physician who has decided to relocate to California to be closer to her family. She is currentlyinterviewing with several prestigious hospitals in the San Diego area.Edison recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keepslocal employers from adding more of the lowskill positions for which he qualifies, so he has been unableto find work. He continues to look for a job, but he's considering going back to school for vocationaltraining
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