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$4.$ 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

Becky is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full$-$time job.

Raphael recently lost his job as a dishwasher. Minimum$-$wage legislation keeps employers from adding more of the low$-$skill positions for which he qualifies, so he has been unable to find work.

Susan just moved with her husband to Peterborough, Ontario. She's looking for a job as a paralegal.

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

Unemployment Type

Rate

$($Percent$)$

Frictional $1\mathrm{.}0$

Cyclical $0\mathrm{.}0$

Structural $3\mathrm{.}0$

Total unemployment $4\mathrm{.}0$

True or False: This economy is not currently at its natural rate of unemployment.

True

False

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