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föllowing correspond to cyclical unemployment, structura unemployment, frictional unemployment and exit from the labor force, and why? a. Some of your friends just graduated from college and have 7.2 been looking for jobs for the p five weeks. b. Christine lost her job as a biologist at a biotech company when the whole industry went into recession. c. Gerhard, who used to be a taxi driver, stopped looking for a job three months after he lost his d. Dirk has been working as a craftsman making cotton dolls. Now all kids want plastic dolls, ar your neighbor has been out of a job for the past two years. e. Aditi, a high-tech engineer, just decided to quit her job in a start-up in Bangalore; she's being interviewed for a better- paid job in a multinational company. f. A man just lost his job as a public reader as education levels have increased in his village.

föllowing correspond to cyclical unemployment, structura unemployment, frictional unemployment and exit from the labor force, and why? a. Some of your friends just graduated from college and have 7.2 been looking for jobs for the p five weeks. b. Christine lost her job as a biologist at a biotech company when the whole industry went into recession. c. Gerhard, who used to be a taxi driver, stopped looking for a job three months after he lost his d. Dirk has been working as a craftsman making cotton dolls. Now all kids want plastic dolls, ar your neighbor has been out of a job for the past two years. e. Aditi, a high-tech engineer, just decided to quit her job in a start-up in Bangalore; she's being interviewed for a better- paid job in a multinational company. f. A man just lost his job as a public reader as education levels have increased in his village.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Q5. Which of the following situations correspond to cyclical unemployment, structural unemployment, frictional unemployment and exit from the labor force, and why? a. Some of your friends just graduated from college and have 7.2 been looking for jobs for the past five weeks. b. Christine lost her job as a biologist at a biotech company when the whole industry went into recession. c. Gerhard, who used to be a taxi driver, stopped looking for a job three months after he lost his job. d. Dirk has been working as a craftsman making cotton dolls. Now all kids want plastic dolls, and your neighbor has been out of a job for the past two years. e. Aditi, a high-tech engineer, just decided to quit her job in a start-up in Bangalore; she's being interviewed for a better- paid job in a multinational company. f. A man just lost his job as a public reader as education levels have increased in his village.
Transcribed Image Text:Q5. Which of the following situations correspond to cyclical unemployment, structural unemployment, frictional unemployment and exit from the labor force, and why? a. Some of your friends just graduated from college and have 7.2 been looking for jobs for the past five weeks. b. Christine lost her job as a biologist at a biotech company when the whole industry went into recession. c. Gerhard, who used to be a taxi driver, stopped looking for a job three months after he lost his job. d. Dirk has been working as a craftsman making cotton dolls. Now all kids want plastic dolls, and your neighbor has been out of a job for the past two years. e. Aditi, a high-tech engineer, just decided to quit her job in a start-up in Bangalore; she's being interviewed for a better- paid job in a multinational company. f. A man just lost his job as a public reader as education levels have increased in his village.
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