As I noted in a previous post, economists define three types of unemployment: frictional, structural, and cyclical: Frictional unemployment is defined as the unemployment that occurs because of people ...

So the San Francisco Fed says that the natural rate of unemployment may have risen to nearly 7%. Mounting evidence suggests that structural factors may have increased the “normal” rate of unemployment ...

Frictional and structural unemployment are two types of unemployment that can occur in an economy. Frictional unemployment is not a direct result of economic factors. It occurs when workers search for ...

Unemployment has many shapes, forms, and causes. The pandemic and its aftermath created macroeconomic shifts in the job market. While some had more opportunities for work than before, the U.S., at ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Katrina Ávila Munichiello is an experienced ...

Tout comme les changements dans la répartition démographique de la main-d'oeuvre, l'accélération du changement de la structure industrielle a été avancée pour expliquer la croissance du taux de ...

Is there really an economic consensus that unemployment is cyclical, as Paul Krugman suggests? Photo courtesy of Justin Sullivan/Getty Images. But when he wrote on his blog on Aug. 3 that “[t]he PBS ...

The US economy added 321,000 payroll jobs in November, the best in almost three years. Strong upward revisions to September and October numbers boosted the 12-month gain to 2,756,000, a new high for ...