Question:
14 Label each of the following scenarios as either
Last updated: 9/13/2023
14 Label each of the following scenarios as either frictional unemployment structural unemployment or cyclical unemployment a Mollie had three job interviews in the past month but still has not gotten a job offer b George used to work in an automotive assembly plant He was laid off six months ago as the economy weakened He expects to return to work in a few months when national economic conditions improve c Thousands of bus and truck drivers permanently lose their jobs when driverless computer driven vehicles make human drivers redundant d Hundreds of hotels went bankrupt and laid off their workers due to the emergence of Airbnb and Vrbo