Professor Dave Explains
Professor Dave Explains
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Types of Unemployment: Frictional, Structural, Cyclical, and Seasonal

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November 22, 2021

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We just learned about the labor force, but what about those who are unemployed? What are the reasons that people might be unemployed? What does this signify about an economy? Is it possible or desirable for there to be zero unemployment? Let's dig into this concept now!

Script by Matt Beat

Animation by Ignacio Triana

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Types of Unemployment: Frictional, Structural, Cyclical, and Seasonal · Professor Dave Explains · Sentinel