In each of the following determine which type of unemployment is present: fricti

Question

In each of the following determine which type of unemployment is present: frictional, structural, or cyclical? a. Several years ago, the rising popularity of Barnes & Noble shifted workers from independent bookshops to larger chains. b. Someone who recently moved to Florida because of its warmer climate will need to spend some time looking for a new job. c. A worker repairing VHS cassette-tape players was laid off because most of his customers have started using DVD players. d. John is a stockbroker. He has had several job offers, but he has turned them down because he thinks he can find a firm that better matches his tastes and skills. e. Peter, a highly skilled construction worker, lost his job when the recession began. He is looking for work, but demand in the construction industry is still low. f. Curtis has looked for work as an accountant for some time. While the demand for accountants doesn’t appear to be falling, there seems to be more people applying than jobs available. Please clearly label answers! Thanks!

Explanation / Answer

a. frictional.

b. frictional.

c. structural.

d. frictional.

e. cyclical.

f.cyclical.

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