Back to Assignment

Attempts Attempt $1$ score is$1\mathrm{.}3$ Keep the Highest $1\mathrm{.}3$ out of $21\mathrm{.}3/2$

$4.$ Types of unemployment

The three people described in the following table are categorized as unemployed by Statistics Canada.

Identify each person in the table as structurally, frictionally, or cyclically unemployed.

Unemployment Type

Structural

Frictional

Cyclical

A recent recession has reduced the number of visitors to a local theme park. The park has had to lay off many of its employees, including Janet.

Carlos left his job as a plumber when his wife took a position in another region. The quantity of plumbing services demanded is considerably lower in the new region, in part because of high, union$-$negotiated wages. He would like to work at the high union wage but remains unemployed due to a lack of plumbing jobs.

Deborah is a physician who has decided to relocate to the Atlantic provinces to be closer to her family. She is currently interviewing with several prestigious hospitals in Nova Scotia.

The following table shows data on frictional, cyclical, structural, and total unemployment for an economy.

Unemployment Type

Rate

$($Percent$)$

Frictional $1\mathrm{.}1$

Cyclical $0\mathrm{.}0$

Structural $3\mathrm{.}8$

Total unemployment $4\mathrm{.}9$

True or False: This economy is currently at its natural rate of unemployment.

True

False

Continue without saving