classify each worker
1. Kim has been laid off from the Boeing Aerospace Corporation because of safety concerns with the Boeing 737 jetliner caused its production to stop.
a. not in labor force b. cyclical c. structural d. frictional e. seasonal
2. Keree was laid off from Security Pacific Bank because of its merger with Bank of America.
a. frictional b. not in labor force c. cyclical d. structural e. seasonal
3. Armando has been laid off by Red Robin Restaurant due to falling demand during the COVID19 pandemic.
a. not in labor force b. structural c. cyclical d. seasonal e. frictional
4. Linda is taking voluntary retirement from teaching and is looking for part-time work.
a. frictional b. cyclical c. structural d. seasonal e. not in labor force
1. Structural unemployment, as this is a type of involuntary unemployment caused due to structural change in production process.
2. Structural unemployment, as this is a type of involuntary unemployment caused due to structural change which is caused due to merger.
3. Cyclical unemployment as this is caused due to economic downturn on account of falling demand during COVID - 19.
4. Frictional unemployment, as this is caused due to voluntary retirement to look for some other type of work.
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