What are the three types of unemployment

What are the three types of unemployment

Macroeconomics. What are the three types of unemployment?

250-300 words no specific format.

What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable? Could the advent of the Internet completely eliminate frictional unemployment? Explain.

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There are three mainly forms of unemployment. The first type is known as cyclical unemployment. This is the kind of unemployment that occurs in cycles. It is as a result of the economy going up and down often. It is mainly common during tough times such as recessions. In as much as people may have the will and the ability to find jobs, they are practically…

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