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Why Scarce Resources Are Sometimes Unemployed

Why Scarce Resources Are Sometimes Unemployed

The unemployment rate always seems to be in the news, but did you know there are different kinds of unemployment? There is the natural rate of unemployment; cyclical, frictional, and structural unemployment; plus underemployment. Read the October 2013 issue to learn the differences.
Keywords:
Economics, Business Cycle, Unemployment, Scarcity
Disciplines:
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More about this material

Material Type:
Open (Access) Journal-Article
Date Added to MERLOT:
February 11, 2020
Date Modified in MERLOT:
February 11, 2020
Author:
 
Submitter:
Adrienne Brennecke
Primary Audience:
Middle School, High School, College General Ed, College Lower Division
Technical Format:
PDF
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Accessibility Information Available:
Yes
Creative Commons:
Creative Commons License
This work is licensed under a Attribution-NonCommercial-NoDerivatives 4.0 International

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