Chapter 13

1564 Words

MARGAUX’S POV   “The Three types of Unemployment are: Structural,Cyclical,Frictional Unemployment,so Ms.Lace,can you tell me what are the differences of those three unemployments?” Tumayo ako at nag-start nang magpaliwanag.Buti na lang nag-aral ako kagabi,mabait namang prof si Mam Advincula,kaso ayaw nilang talaga sa lahat ay yung mga tamad mag-aral,umiinit ang ulo niya pagdating doon. “Structural Unemployment, one of the three types of unemployment, is associated with the mismatch of jobs and workers due to the lack of skills or simply the wrong area desired for work. Structural unemployment depends on the social needs of the economy and dynamic changes in the economy.Second is Frictional Unemployment is always present in the economy resulting from temporary transitions made by worker

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