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12 Cards in this Set
- Front
- Back
Friction Unemployment
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The continuous flow of individuals from job to job and in and out of employment.
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Structural Unemployment
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Structural changes in our economy cause some workers to become unemployed for a very long time and because they can not find jobs in their particular skill.
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Cyclical Unemployment
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Cyclical Unemployment is related to business fluctuations. Its defined as unemployed associated with changes in business conditions primarily recession and depression.
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Seasonal Unemployment
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Comes and goes with seasons of the year in which the demand for particle jobs rise and fall.
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Seasonal Unemployment
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Comes and goes with seasons of the year in which the demand for particle jobs rise and fall.
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Seasonal Unemployment
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Comes and goes with seasons of the year in which the demand for particle jobs rise and fall.
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Unemployment Rate
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The percentage of the labor force out of work.
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Inflation Rate
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The annual percentage change in the average level of prices and goods and services.
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Job Loser
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Employment was involuntarily terminated or who was laid off.
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Reentrant
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Worked a full time job before but has been out of labor force
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Job Leaver
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Voluntarily ended employment.
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New Entrant
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Has never work full-time job for two weeks or longer
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