Description
Types of Unemployment
Week 3 Discussion Post 3
What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable? Could the advent of the Internet completely eliminate frictional unemployment? Are all three types of unemployment undesirable? Explain.
Your initial discussion posts must be submitted by midnight, Day 3 and then your responses to at least three of your classmates’ posts have to be submitted by midnight, Day 7.
Explanation & Answer
Attached.
The three types of unemployment are structural unemployment, cyclical unemployment,
and frictional unemployment. Structural unemployment is when there is a disconnect between
the skillsets a worker has and what the employer needs or is looking for. An example of this
would be that employers who would be looking for employees in the advertising department
would not only look for skills in sales and marketing, but also in digital design, video software,
and proper handling of social media accounts. Versatility and a variety of skills then becomes
key to...
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