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Unemployment

Presented by:
Daño, Winvia Mari D.A
12 STEM-D (A)
What is Unemployment?
Unemployment is when someone could work
and wants to work but is unable to find a suitable
job or people who don't have a job, have actively
looked for work in the past four weeks, and
currently are available for work.
Types of Unemployment:
1. Frictional Unemployment
2. Cyclical Unemployment
3. Structural Unemployment
Costs of Unemployment
1. Lost Output
2. Reduced trade in other Countries
3. Lower government finances
4. Lost of Income
5. Lost of Status/Self-worth

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