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Most of the new jobs top gifts for christmas 2015 require a college degree or new skills, so Matt decides to go back to school.
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Lesson Objectives, once you finish this lesson you'll understand the fundamental differences between cyclical, structual, and seasonal unemployment.Frictional unemployment occurs because of the normal turnover in the labor market and the time it takes for workers to find new jobs.Even if there are enough workers to satisfy every job opening, it takes time for workers to learn about these new job opportunities, and for them to be considered, interviewed and hired.When Cindy graduates from college, she begins looking for work.Some jobs close down because the seasons change.Okay, so this is the town of Ceelo, and these are the workers we're talking about.Unlock Content, over 75,000 lessons cool tech christmas gifts 2014 in all major subjects.
That's what we call cyclical unemployment because it goes in cycles.
If you've ever lost your job after the holiday season, you've experienced at least one type of unemployment.
Let's say it takes her four months to land a new job.
It's a very common example of what's happened in the economy, especially during challenging times.
When workers lose their jobs because of this, it's considered seasonal unemployment.
Structural unemployment occurs because of an absence of demand for a certain type of worker.
In this lesson, explore the three types of unemployment including cyclical, frictional, and structural using real-world examples.Its function is to maintain electrical continuity for all the components on the drivers airbag.So, Matt becomes structurally unemployed.Lesson Summary, let's summarize what we talked about in this lesson.Seasonal unemployment happens when the structure of the economy changes from month to month.Once Christmas is over, Fred's Santa Claus job, of course, disappears as quickly as the salmon he enjoyed at the party.During this time, she is frictionally unemployed.He was hired as a second gym teacher last year.This typically happens when there are mismatches between the skills employers want and the skills that workers have.When they do, it takes time to match up potential employees with new employers.City Departments and Offices, city Attorney's Office, city Manager's Office.Eventually, unemployment came down again.As a matter of fact, I'd like to introduce you to a few of them and then find out what type of unemployment they're experiencing.

Cyclical unemployment occurs because of the ups and downs of the economy over time.
Another example is Fred's brother Frohm.
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