Structural Unemployment
There are seven causes of
unemployment
. Four cause
frictional unemployment
. That occurs whenever employees leave their job to find a better one. There are two causes of
structural unemployment
. That's when workers' skills, or income requirements, no longer match the jobs available. These occur even in a
healthy economy
. The
natural rate of unemployment
is between
4.7 percent and 5.8 percent
according to the
Federal Reserve
.
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