Types of unemployment: Unemployment is a circumstance in which a

Unemployment is a circumstance in which a person who is actively looking for a job is unable to find work. Unemployment is seen as a significant indicator of the economy's health. Types of Unemployment are Frictional, cyclical, structural, voluntary, seasonal, disguised, open and underemployment. Learn about frictional, structural, cyclical, and institutional unemployment, and how they affect the economy and the labor force. See real-life examples of each type and how to deal with them. Learn about nine types of unemployment, such as cyclical, frictional, structural, and natural. Find out how they affect the economy and the labor force. Understanding the types of unemployment can help you prepare for the unexpected. Explore what unemployment is, unemployment statistics, and the 8 types.