All forms of unemployment tend to be only temporary. a. True b. False

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Business

Bo Moyer

11 August, 18:16

All forms of unemployment tend to be only temporary. a. True b. False

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Stephanie Warren · Answer 1

True

Explanation:

There are different types of unemployment. Based on the duration they can be: seasonal or long-term unemployment. The first one relates to industries that are dependent on climate or season fluctuations or that are geographically limited, like tourism or agriculture. Long-term happens when those who actively look for a job are jobless for more than 27 weeks. There are also other types like: structural, cyclical and frictional.