Instructional Video

Khan Academy: Natural, Cyclical, Structural, and Frictional Unemployment Rates

Curated by ACT

Economists typically focus on three kinds of unemployment: cyclical, frictional, and structural. Learn about them, and how they relate to the business cycle, in this video. [5:38]

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Concepts
expansion
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Additional Tags
business cycle, khan academy, khan academy: natural, cyclical, structural, and frictional unemployment rates, natural rate of unemployment, recession, unemployment rate
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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional