Unemployment

Skills do not match available jobs

Trying to find a job.

Working but still not making enough.

Mirrors the seasons demands

Mirrors Economy

underemployment

long-term unemployment

frictional unemployment

structural unemployment

The state of being able to work and actively seeking work, but unable to find employment

The state of being able to work, but choosing not to

The percentage of the labour force that is able and actively seeking work, but cannot find employment

The total number of people who do not work

frictionally unemployed

structurally unemployed

technologically unemployed

cyclically unemployed

seasonally unemployed

frictional

cyclical

structural

seasonal

frictionally unemployed

structurally unemployed

technologically unemployed

cyclically unemployed

seasonally unemployed

Describes recent college graduates

Is predictable

Is a result of changes in technology

Slows the economy Slows the economy

Describes recent college graduates

Lasts longer than 6 months

Describes employees moving from one job to another

Increases inflation Increases inflation

frictionally unemployed

structurally unemployed

cyclically unemployed

dissatisfiededly unemployed dissatisfiededly unemployed

He/she does not work

He/she has made specific efforts to find a job

He/she is laid off from a job in the succeeding months

He/she is undergoing a career change