types of unemployment

What are the three major types of unemployment? What are their causes?

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The three major types of unemployment are frictional unemployment, temporary unemployment from the search time that occurs when people look for suitable jobs and firms look for suitable workers., structural unemployment when people looking for jobs don’t have
the necessary skills for them or have skills that are no longer needed, and cyclical unemployment, due to the unemployment that results from short-term cyclical fluctuations in the economy

 

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