Currently in Economica, the frictional rate of unemployment is 2.0 %, the structural rate of unemployment is 2.0 %, and the cyclical rate of unemployment is 3.5 %. In the winter, there is seasonal unemployment of 1%. In this country, the seasonally adjusted natural rate of unemployment would be considered to be nothing %.
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Home » Business » Currently in Economica, the frictional rate of unemployment is 2.0 %, the structural rate of unemployment is 2.0 %, and the cyclical rate of unemployment is 3.5 %. In the winter, there is seasonal unemployment of 1%.