All of the following examples of unemployment are correctly paired with their causes EXCEPT __________.

frictional: retired people and volunteer workers

structural: new technologies make certain skills unneeded

cyclical: businesses produce more than they can sell and lay off workers

seasonal: professional athletes during their off-season

All of the following examples of unemployment are correctly paired with their causes except frictional: retired people and volunteer workers. The correct option among all the options that are given in the question is the first option. I hope that this is the answer that has actually come to your desired help.

Answer Link

looringhighjump looringhighjump · Answer 2 · 2019-06-19T11:39:41-04:00

Answer: Frictional: retired people and volunteer workers.

Explanation:

Frictional unemployment is a constant in any economy. It´s caused by temporary employment transitions, as workers and employers may lack some information. For example, someone looking for their very first job may not have enough resources to find a suitable job and ends up not taking other employment, temporarily holding out. On the other hand, a business may refrain from hiring new employees if they think there´s no one enough qualified available when there actually is.