1. GPS Standard Correlation
SSEMA1 – The student will illustrate the means by which economic activity is measured.
D. Identify structural, cyclical, and frictional unemployment

2. Types of Unemployment Directions – Fill in the graphic organizer using pages List the characteristics and an example of each.
Structural –
Frictional-
Cyclical-
Seasonal-

3. Structural Occurs when you have job skills that no one wants
Also occurs when a company wants to hire somebody but can’t find anyone who has the requirements
Example – you have skills to make phones with rotary dials. These phones are not in demand, so there is no place to use your skill.

4. Structural, Cont.
Example 2 – a company needs people who can design complex computer networks, but no one in the community has experience in that area.
Structural unemployment can be reduced by learning new skills or moving to a different location

5. Frictional
Unemployed people don’t always take the very first job they can find, they often wait to find a job that fits their talents and preferences.
While searching for a job that is a good fit, these people are frictionally employed.
This type of unemployment is not always bad for the economy – gives people time to find a job that suits their needs.

6. Seasonal Certain jobs have peak periods and periods of little work.
A professional snow remover in New York would be seasonally employed, only finding work when it snows.
Yearbook production is also a seasonal job. Publication companies are busy from Feb. – May getting books printed for schools so more people are employed during that time. From June- Jan. less people are employed at the plant

7. Cyclical
Economies encounter cycles of growth (expansion) and recession.
During expansion, unemployment drops dramatically as companies hire more people to match increase in demand.
Recessions result in a decrease in demand, and people are often laid off during recessions.

8. You might find a question like this on the EOCT:
Suppose that Peggy, a recent college graduate, decides to look for a job instead of going to graduate school. If she is unable to find a job that suits her experience right away, what type of unemployment is she MOST LIKELY experiencing?
Structural
Frictional
Cyclical
Seasonal

9. Types of Unemployment Directions – Fill in the graphic organizer using pages List the characteristics and an example of each.
Make a flip chart with 4 tabs. Each should be labeled with one of the 4 types of unemployment. (Structural, Frictional, Seasonal & Cyclical) Under each tab explain each form of unemployment and give 1 example.