Federal Reserve Bank
Why Scarce Resources Are Sometimes Unemployed
Why do markets operate inefficiently when the world's resources are so limited? Review the various types of unemployment that exist and why some resources, especially human resources, go unused.
Curated OER
Types of Unemployment
For this economics worksheet, students investigate frictional unemployment, cyclical unemployment, structural unemployment, and seasonal unemployment as they read 8 situations and list each as one of the 4 aforementioned types of...