Frictional unemployment and structural unemployment

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Reference no: EM13886785

Identify what type of unemployment each of the individuals below is facing by dragging and dropping the appropriate term into the bins provided. Frictional Unemployment / Structural Unemployment / Cyclical Unemployment

1. James is an architect who has been laid-off owing to the slump in the demand for property. He feels he will have to wait until the economy picks up before he can get a new job.

2. Eric is an experienced project manager who lost his job at an internet startup because the company\'s product failed to take off. He is confident he can get a new job and has already rejected a number of offers

3. Craig lost his job several months ago. He is reluctant to get a new job as he feels that he can make almost as much money on social welfare.

4. Sarah is a recent economics graduate who is entering a difficult labor market, owing to a continued recession. She is continuing to look for work but is finding it difficult

5. Hamid has just graduated as a lawyer from an esteemed law school. He confident of getting a job and has already refused a few lower paid jobs.

Reference no: EM13886785

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