- The Three People Described In The Following Table Are Categorized As Unemployed By The Bureau Of Labor Statistics Identi 1 (27.89 KiB) Viewed 53 times
The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics Identi
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The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics Identi
The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics Identity each person in the table as structurally, frictionally, or cyclically unemployed Unemployment Type Lucia just moved with her husband to Portland, Oregon. She's looking for a job as a paralegal. A recent recession has reduced the number of visitors to a local theme park. The park has had to lay off many of its employees, including Sharon, Kenji recently lost his job as a water at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training. The following table shows data on frictional, cyclical, structural, and total unemployment for an economy Rate Unemployment Type (Percent) Frictional 1.0 Cydical 00 Structural 3.1 Total unemployment 4.1 True or False: This economy is not currently at full employment. Structural Frictional Cyclical O O O O O O