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MichaelJoult MichaelJoult
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5 years ago
Explain the difference between frictional and structural unemployment.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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wrote...
5 years ago
 Frictional unemployment is more short term and is associated with people changing jobs and entering the labor force. Structural unemployment is more long term and is associated with changes in the structure of the economy that require people to learn new skills.
MichaelJoult Author
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5 years ago
Thank you for your assistance, again and again
wrote...
5 years ago
My pleasure
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