Asked by Melissa Johnson on May 12, 2024
Verified
The type of unemployment most likely to be experienced by a touring professional golfer is:
A) frictional unemployment.
B) structural unemployment.
C) seasonal unemployment.
D) cyclical unemployment.
E) discouraged-worker unemployment.
Seasonal Unemployment
Joblessness related to seasonal variations in demand or supply of labor, commonly seen in industries such as tourism, agriculture, and retail.
Type of Unemployment
Categories of unemployment including cyclical, caused by economic downturns; frictional, resulting from the time lag between jobs; and structural, due to changes in the industry structure or technological advances.
- Elucidate the different categories of unemployment, such as frictional, structural, cyclical, and seasonal.
Verified Answer
Learning Objectives
- Elucidate the different categories of unemployment, such as frictional, structural, cyclical, and seasonal.
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