A person is defined as unemployed if he or the docs not work full time have a jo

Question

A person is defined as unemployed if he or the docs not work full time have a job but is actively seeking one cam a wage above the minimum wage rate cam enough income to be above the poverty level When migrant workers seek employment after the crops have been picked, the unemployment rate goes up. This situation is an example of: Frictional unemployment Seasonal unemployment Structural unemployment Cyclical unemployment After leaving an old job. some people find that it may take several months to find a job. This is an example of which of the following types of unemployment: Frictional unemployment Seasonal unemployment Structural unemployment Cyclical unemployment

Explanation / Answer

11. The correct answer is option (b): Does not have a job but is actively seeking one.

Unemployment is the state when an individual actively seeks for a job but is unable to find one. Unemployment is a measure which is used to measure the health of the economy.

12. The correct answer is option (b): Seasonal Unemployment

The scenario is defined as seasonal unemployment because seasonal unemployment is the rate at which the unemployment tend to rise and fall in sync with the seasons based on the seasonal work.

13. The correct answer is option (a): Frictional Unemployment

Frcitional Unemployment is defined the time period between transition between jobs.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.