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Economists classify unemployment four different ways.

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The main four types of unemployment are frictional unemployment, structural unemployment, seasonal unemployment and cyclical unemployment. Cyclical unemployment is the type of unemployment that causes widespread unemployment within a population. Seasonal and frictional unemployment are less prevalent forms of unemployment that are either voluntary or change depending on what type of year it is. Structural unemployment has to do with the supply and the demand of the number of individuals trained to perform a particular job.

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Frictional Unemployment

Finding a job takes time, and sometimes the reason a person is unemployed is because they are waiting to find a job that works for them or taking time to decide between multiple job offers. In addition, it takes time for employers to interview potential candidates and decide which individual they want to hire. Frictional unemployment is defined as voluntary unemployment because it results from the time needed to match job seekers to job openings, according to Econguru.com. One example of frictional unemployment is voluntarily quitting one job and taking time off to find another one.

Structural Unemployment

Structural unemployment is caused by a mismatch between the needs of employers and the skills that a workforce in a country has, according to Drexel University. For example, law schools in the United States train more lawyers than the country needs, which can make it difficult for a lawyer to get a job as a lawyer. As a result, a lawyer may be able to get a job working at a retail store, but he declines the job because it was not the field of work he was trained for. Structural unemployment can also be caused by geographical problems....