D. Structural unemployment. Frank fights fires in the summer and teaches elementary school the rest of the year. Frank A. Avoids seasonal unemployment by working in several jobs. B. Experiences seasonal unemployment. Would be better off receiving unemployment checks.
Structural unemployment occurs primarily because A. Of seasonal weather patterns or holidays, etc.
Some firms fail because of poor planning. C. Many people lack skills demanded in labor markets. D. Our economy follows boom-bust cycles. E. Job seekers incur transaction costs. . Social costs of unemployment do NOT include A. Disruption of family structures.