The keywords here are cyclical or structural; these are very different types of unemployment crises and let me explain.

Structural unemployment poses a significant challenge in today's evolving job market. Unlike cyclical or frictional unemployment, it stems from technological advancements and skill mismatches ...

Unemployment can be voluntary, like when you leave one job for a higher-paying one, or it can be involuntary, when you're ...

Cyclical and structural unemployment can be hard to tell apart. For example, suppose that a business owner would like to hire someone to operate a complicated piece of machinery, and needs someone ...

The sovereign debt crisis contributed to the increase in unemployment (Part 4 ). In this part, we’ll discuss how the Eurozone’s cyclical dynamics have let unemployment increase to such high ...

We provide cross-country evidence on the relative importance of cyclical and structural factors in explaining unemployment, including the sharp rise in U.S. long-term unemployment during the Great ...