1 Unemployment and Its Natural Rate. 2 Types of Unemployment In United States, people are considered unemployed if they are not working and actively seeking.
Some materials within are Copyright © 2001 by Harcourt, Inc. Macroeconomic Objectives: Unemployment Chapter 10, 265-273 What is the “natural” rate of unemployment?
Chapter 28 Unemployment and Its Natural Rate. 28.1 IDENTIFYING UNEMPLOYMENT Categories of Unemployment –The problem of unemployment is usually divided.
Copyright © 2004 South-Western 5 Business Cycles Unit 5 : Unemployment.
© 2007 Thomson South-Western. IDENTIFYING UNEMPLOYMENT How Is Unemployment Measured? –Categories of Unemployment The problem of unemployment is usually.
CHAPTER 1: UNEMPLOYMENT AND ITS NATURAL RATE Prepared by Nyaz Najmadin Commerce College 2 nd stage.
Business Cycles, Unemployment and Inflation. Business Cycle Economic fluctuations are irregular and unpredictable. –Fluctuations in the economy are often.
