ECONOMICS HELP!!!

[Xtremexx]

can someone explain the four types of unemployement.. frictional, regional, structural and cyclical. just a small idea is enough

 

[tahatehseen]

Frictional: The unemployment which exists in any economy due to people being in the process of moving from one job to another. frictional unemployment is present in every economy. it is usually a short term unemployment for ex. seasonal emplyment.
Regional: Instead of the entire country or nation's unemployment rate, regional unemployment is simply broken down into individual regions. For example, instead of the United States' unemployment, regional employment might be condensed to just the States. It occurs when one region as a whole has to face unemplyment usually because of some hazard like flood or when a company closes down.
Structural: Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
Cyclical: Unemployment occurs when a person is available and willing to work but currently without work. This is also called Keynesian unemployment. This type of unemployment is usually the most severe and is a cause of Inflation.

 

[JamesSmith]

Cyclical: is experience when the economy is in recession or slump. Also, known as demand-deficient because such unemployment occurs due to low demand in the economy.