Objective
Students will be able to:
- Define unemployment, frictional unemployment, structural unemployment, cyclical unemployment, and the natural unemployment rate.
- Explain how unemployment is counted.
Standards
Concepts
In this economics video series, students will learn about employment and unemployment.
Description
This 9-video unit on unemployment explains how unemployment is defined and counted, what frictional, structural, and cyclical unemployment are, and what the natural unemployment rate is.