Unit 114 Flashcards
0
Q
When those actively seeking work are unable to obtain a job
A
Unemployment
1
Q
When the pattern of demand and product changes, leaving workers unemployed in labour markets where demands has shrunk
A
Structural unemployment
2
Q
When workers are unemployed for short lengths of time between jobs.
A
Frictional unemployment
3
Q
When there is insufficient demand in the economy for all workers to be able to get a job. Occurs in recessions
A
Cyclical unemployment
