A person that is unemployed must be actively looking for a job and be willing and able to work to be counted in the __________ rate. One type of unemployment is called _________ unemployment, which happens when the jobs in the market do not match the skill levels of the unemployed. An example of this is when a machine replaces the job of a worker and they are fired.
A person that is unemployed must be actively looking for a job and be willing and able to work to be counted in the unemployment rate. One type of unemployment is called structural unemployment, which happens when the jobs in the market do not match the skill levels of the unemployed. An example of this is when a machine replaces the job of a worker and they are fired.
