An individual who is employed as a "part-time" worker but who is looking for a "full-time" job is classified as: cyclically unemployed employed a discouraged worker frictionally unemployed structurally unemployed
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This means they are currently employed, so they are not unemployed in any of the given categories. Show more…
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Suppose you find yourself laid off from your current job, and the best advice your economist gives you is that you should 'retrain' and obtain new skills because your current skills are technologically obsolete. Ceteris paribus, it follows that you are most likely a victim of unemployment: - frictional - structural - cyclical - efficiency wage - Natt Daga
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