Question 1
Structural unemployment
◦ arises from recessions.
◦ is due to changes in the structure of the economy.
◦ arises from the time it takes employers to find appropriate employees.
◦ is due to seasonal changes.
Question 2
Cyclical unemployment
◦ arises from recessions.
◦ is due to changes in the structure of the economy.
◦ arises from the time it takes employers to find appropriate employees.
◦ is due to seasonal changes.