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The Four Types Of Unemployment

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The Four Types of Unemployment One of the scariest word for many individuals among the United States can be unemployment. Many families across America have had to deal with the hard blow that can come with losing a job, or not being able to find a job. Unemployment will always be around to snatch the job from any unwilling victim. While unemployment may seem like a broad term, there are actually four categories, or types, of unemployment. These four types are structural, cyclical, frictional, and seasonal. One of the most self-explanatory of the four types of unemployment, is seasonal. Seasonal unemployment is defined as, “periodic unemployment created by seasonal variations in particular industries, especially industries such as construction that are affected by the weather.” Some of the jobs that can cause individuals to fall victim to seasonal unemployment are life guards, umpires, landscapers, amusement park employees, farmers and fishermen. All of these jobs have particular times during the year where their occupation thrives, but consequently, also experience extreme down times when the weather is not as ideal. This type of unemployment is not something that can be fixed unfortunately. It will always be present as long as the seasons continue to change. The second type of unemployment is also one that can be easily grasped by most people. This type of unemployment is frictional unemployment and is defined as, “the unemployment which exists in any economy due

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