assignment

p3 q4
Let's analyze Igor's labor market status and identify the type of unemployment
during different time periods:

**a- From Jan 1 through June 30, 2002:**

Igor was a full-time student pursuing his bachelor's degree. During this time, he
was not part of the labor force as he was not actively seeking or available for
employment. This situation represents **voluntary unemployment**, as he chose not
to work in order to focus on his education.

**b- On July 1:**

Igor graduated with his degree in bodybuilding. He spent three months looking for
work before Dr. Frankenstein hired him on October 1. During these three months,
Igor was actively seeking employment but was unable to find a job. This is an
example of **frictional unemployment**, which occurs when individuals are
temporarily between jobs and searching for new employment opportunities.

**c- From Oct 1 to Jan 1, 2003:**

Igor worked full time on the night shift after being hired by Dr. Frankenstein.
During this period, Igor was employed and had a job, so he was not experiencing
unemployment.

In summary:
- **Jan 1 - June 30, 2002:** Voluntary unemployment (not part of the labor force
while pursuing education).
- **July 1 - Sept 30, 2002:** Frictional unemployment (actively seeking work but
not immediately finding it).
- **Oct 1, 2002 - Jan 1, 2003:** Employed (not experiencing unemployment).

Please note that the given scenarios do not explicitly mention factors related to
cyclical or structural unemployment, so these specific types of unemployment cannot
be identified based on the information provided. Cyclical unemployment is linked to
economic downturns, and structural unemployment is related to a mismatch between
skills and available jobs.