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Professor Dave Explains
Types of Unemployment: Frictional, Structural, Cyclical, and Seasonal
We just learned about the labor force, but what about those who are unemployed? What are the reasons that people might be unemployed? What does this signify about an economy? Is it possible or desirable for there to be zero unemployment?...
Khan Academy
Unemployment Rate Primer, Current Economics, Finance and Capital Markets
Ever wonder how the Bureau of Labor Statistics calculates the ever-changing unemployment rate? Sal explains this by breaking down the US population into subsets, including the labor force and the unemployed. He explains the formula for...
Federal Reserve Bank
Episode 4: The Labor Market
How much are your skills worth in the labor market? Young historians research how people sell their skills to an employer for a certain price, just like a good or product. They discuss what exactly helps someone market themselves to...
Federal Reserve Bank
Episode 10: Labor Market
Who's a good and who's a service? Scholars explore the concept of the labor market and how it influences the hiring process using an informative lesson that analyzes how employment demands influence the job market. Scholars research the...
Crash Course
Macroeconomics
Get out of the textbook and into real economic issues with an innovative video. Crash Course Economics takes learners through a tour of macroeconomics and applies the three major factors of macroeconomics—gross domestic product,...