Since the early 20’s the unemployment rates of the united states seems to be constantly in flux. For the majority of this period unemployment rates were on the rise as the country was dealing with internal financial issues of its own. The fact is that high unemployment rates affect more than just a person, but the community at large. This is due to the lack of funds coming into a home which result in some less than admirable acts being committed.

Economists have divided unemployment into a variety of different types to explain different causes and effects of it. Frictional unemployment occurs because of the inevitable time disparity between losing a job and finding another one. This term is also known as search employment because it is the time spent searching or looking for a new place of employment. One example of this would be a young high school graduate student looking for a job to pay for college. Chances are they will spend a long period of time searching for a job because they have a lack of experience working.

This type of unemployment is also classified as voluntary unemployment because this period of unemployment is at the discretion of the person to some small degree. Structural unemployment is the result of a lack of job availability to a person who has a certain skill or skill set. A person with their phd may not be able to work at mcdonalds because they are overqualified for the specifics of a job. During this time a person with their phd may not find any job openings in their specific job set. Some subsections of this include occupational immobility which is inability of a certain professional to transfer their abilities to another job. Geographical immobility occurs when there is a job position somewhere that contradicts with a person life.

For example there maybe a job in california, but there may not be any good schools for a person’s children there. Finally real wage unemployment occurs when the supply for employment outways the demand for it. Unemployment presents itself in a wide variety of different ways that shape a country’s economy.

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As time progresses a person’s employment status may change as a result of a loss or gain of a job. Certain external factors cause a person to be unemployed such as a lack of suitable job positions as well as lack of skill set. In certain cases especially in the youth a lack of general work experience will cause them to stay unemployed for a longer period of time. With time and patience these young men and women will come across opportunities that will allow them to grow their experience. Essaycamp.com neither collects nor stores our customers' credit card information. Causes and effects of unemployment unemployment defined by the encyclopedia britannica is the condition of one who is capable of working, actively seeking work, but is unable to find any work. In addition, to define a person as unemployed, the person must be an active member of the labor force in search of work.

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Encyclopedia britannica, 2012 there are three different types of unemployment: frictional, structural, and cyclical. Due to various causes in the economy, there will always be a certain number of people that are frictionally or structurally unemployed. Overcoming certain barriers to job creation can help reduce frictional and structural unemployment.

Most economists believe that aggregate demand must increase to get back to full employment. Using keynesian economics, government spending must increase to shift the demand curve to the right, which causes employment to rise. Overall, any type of unemployment is an issue but there are ways to reduce the unemployment rates and keep our economy at least close to full employment thus reducing the unpleasant effects of unemployment. Labor force first, to understand unemployment, we must understand the three different categories in the labor force: employed, unemployed, and not in the labor force. Employed is a person whom has held a job within the last week or held a job but out due to a strike or illness. Unemployed is a person who has not worked in the previous week but has attempted to find work in the last month. This category includes non working spouses, students, and people who have quit looking for work.

Tim, 2011 types and causes of unemployment now that we know what the labor force consist of, we will analyze the three different types of unemployment. Frictional unemployment frictional unemployment is the type of unemployment that happens in normal economic conditions. Frictional unemployment is the normal search time when people are changing jobs, when students graduate from college and begin their job search, or time between jobs for seasonal employees. For example, a new graduate entering the workforce or a person changing jobs may have difficulty getting information for jobs openings. On the other hand, the person may be receiving unemployment benefits from the government and they may hold out on taking a job where the pay from the job is less than their benefits. Seasonal unemployment happens when work is available only during a certain time in the year. For example, a tobacco worker would be frictionally unemployed after the tobacco season is over.

Frictional unemployment generally happens within a shorter time period than structural unemployment. Tucker, 2008 structural unemployment structural unemployment is caused by structural changes in industries. Structural unemployment happens when an employee does not have the skills that match the existing job openings. Three causes of structural unemployment are occupational immobility, geographical immobility, and technological changes.

Occupational immobility is the difficulty for a person to learn a new skill to enter a new industry. If the nursing field were the only jobs available, they would have to retrain to become a nurse. Geographical immobility is the difficulty for a person to relocate to new location to get a job. Cause and effect of unemployment in the us the unemployment issue in the united states has been a thorny issue for a good number of years now. The rate of unemployment in the states is usually reported by the bureau of labor statistics.

A 2.5 percent rate, which is the lowest rate so far, was recorded in 1953, where as the highest unemployment rate was recorded as 10.8 in the november of 1982.unempoyment has its main causes as we as impacts and this paper will attempt to look in to the causes and results of unemployment in the united states alain, 2006. A higher rate of unemployment is a sign of a failing national economic performance. On the other hand, low unemployment rates are an indication of good economic performance.