Can you please write me an about four types of Unemployment in Australia which are...

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Can you please write me an about four types of Unemployment in Australia which are seasonal,frictional,structural and cyclical unemployment and last can you please explain me which one is more severe/hard for economy to recover which must be cyclical in context of Australia? can you please provide some relevant examples and figures as well

Azra S · Accepted Answer

Unemployment refers to a situation when people are not employed or do not have a job when they are actually capable and looking for a job. Unemployment can be broadly classified into four types. (Mizuno et al, 2006, pp 157–172) These are -
Cyclical unemployment
Frictional unemployment
Seasonal unemployment
Structural unemployment
Cyclical unemployment 
This unemployment occurs when there is a recession in the economy and fewer jobs are available in the market. Employees are discouraged from taking up jobs due to low wages or returns while the economy in order to reduce costs cuts down on job offers.
Frictional unemployment
This unemployment takes place when an employee is changing jobs. When a person moves from one job to another, for the time period that he spends between those two jobs without a job is referred to as frictional unemployment.
Seasonal unemployment
Unemployment that occurs only during particular seasons is known as seasonal unemployment.

Can you please write me an about four types of Unemployment in Australia which are seasonal,frictional,structural and cyclical unemployment and last can you please explain me which one is more...

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