Based on each of the following descriptions of an individual, answer whether they would be considered 'unemployed' or 'not unemployed'. If they are 'unemployed', suggest whether you think it is frictional, structural, seasonal or cyclical unemployment. A 14-year-old is actively looking for a part time pet care job. He applied for three positions but received no responses. A 40-year-old chef was made redundant and loses her job because of COVID-19 pandemic (lack of demand for consumption goods). She is looking for a new job but is struggling to find one.
Based on each of the following descriptions of an individual, answer whether they would be considered 'unemployed' or 'not unemployed'. If they are 'unemployed', suggest whether you think it is frictional, structural, seasonal or cyclical unemployment. A 14-year-old is actively looking for a part time pet care job. He applied for three positions but received no responses. A 40-year-old chef was made redundant and loses her job because of COVID-19 pandemic (lack of demand for consumption goods). She is looking for a new job but is struggling to find one.
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section: Chapter Questions
Problem 7WNG
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Based on each of the following descriptions of an individual, answer whether they would be considered 'unemployed' or 'not unemployed'. If they are 'unemployed', suggest whether you think it is frictional, structural, seasonal or cyclical
A 14-year-old is actively looking for a part time pet care job. He applied for three positions but received no responses.
A 40-year-old chef was made redundant and loses her job because of COVID-19 pandemic (lack of demand for consumption goods). She is looking for a new job but is struggling to find one.
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