00:01
So here in this question, firstly, tim is a discouraged worker.
00:05
Tim is a discouraged worker because he has stopped looking for work due to belief that no jobs are available or suitable for him.
00:22
So because he has stopped, he has stopped looking, he has stopped looking for work, for work.
00:35
So tim is a discouraged worker.
00:38
Now in the second part, sam has just graduated from a college.
00:42
He has multiple job offers but he does not plan to take any of them.
00:47
Sam is looking for a better job.
00:49
So sam is frictionally unemployed.
00:51
Sam is frictionally unemployed.
01:02
This is because he is in between jobs and is actively looking for a job that better suits his preference.
01:10
So, he is actively looking jobs.
01:13
He is actively looking jobs...