The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics. Identify each person in the table as structurally, frictionally, or cyclically unemployed. Unemployment Type Hilary is a physician who has decided to relocate to California to be closer to her family. She is currently interviewing with several prestigious hospitals in the San Diego area. A recent recession has reduced the number of visitors to a local water park. The park has had to lay off many of its employees, including Maria. Edison left his job as an electrician when his wife took a position in another region. The quantity of electrical services demanded is considerably lower in the new region, in part because of high union- negotiated wages. He would like to work at the high union wage but remains unemployed due to a lack of electrician jobs. The following table presents data on frictional, cyclical, structural, and total unemployment for an economy. Unemployment Type Frictional Cyclical Structural Total unemployment Rate (Percent) 3.9 0.0 1.1 5.0 Structural Frictional O O O Cyclical O O
The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics. Identify each person in the table as structurally, frictionally, or cyclically unemployed. Unemployment Type Hilary is a physician who has decided to relocate to California to be closer to her family. She is currently interviewing with several prestigious hospitals in the San Diego area. A recent recession has reduced the number of visitors to a local water park. The park has had to lay off many of its employees, including Maria. Edison left his job as an electrician when his wife took a position in another region. The quantity of electrical services demanded is considerably lower in the new region, in part because of high union- negotiated wages. He would like to work at the high union wage but remains unemployed due to a lack of electrician jobs. The following table presents data on frictional, cyclical, structural, and total unemployment for an economy. Unemployment Type Frictional Cyclical Structural Total unemployment Rate (Percent) 3.9 0.0 1.1 5.0 Structural Frictional O O O Cyclical O O
Chapter1: Making Economics Decisions
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
Transcribed Image Text:The three people described in the following table are categorized as unemployed by the Bureau of Labor Statistics.
Identify each person in the table as structurally, frictionally, or cyclically unemployed.
Unemployment Type
Hilary is a physician who has decided to relocate to California to be closer to her family. She is
currently interviewing with several prestigious hospitals in the San Diego area.
A recent recession has reduced the number of visitors to a local water park. The park has had to lay
off many of its employees, including Maria.
Edison left his job as an electrician when his wife took a position in another region. The quantity of
electrical services demanded is considerably lower in the new region, in part because of high union-
negotiated wages. He would like to work at the high union wage but remains unemployed due to a
lack of electrician jobs.
The following table presents data on frictional, cyclical, structural, and total unemployment for an economy.
Unemployment Type
Frictional
Cyclical
Structural
Total unemployment
Rate
(Percent)
3.9
0.0
1.1
5.0
Structural
Frictional Cyclical

Transcribed Image Text:off many of its employees, including Maria.
Edison left his job as an electrician when his wife took a position in another region. The quantity of
electrical services demanded is considerably lower in the new region, in part because of high union-
negotiated wages. He would like to work at the high union wage but remains unemployed due to a
lack of electrician jobs.
The following table presents data on frictional, cyclical, structural, and total unemployment for an economy.
Unemployment Type
Frictional
Cyclical
Structural
Total unemployment
True
Rate
(Percent)
3.9
0.0
False
1.1
True or False: This economy is not currently at its natural rate of unemployment.
5.0
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