what are the 3 types of unemployment 
today s economists point to three main types of unemployment frictional structural and cyclical frictional unemployment is the result of voluntary employment transitions within an economy frictional unemployment naturally occurs even in a growing stable economy as workers change jobs structural unemployment can produce permanent disruptions due to fundamental and permanent changes that occur in the structure of the economy these changes can marginalize a group of workers they include technological changes a lack of relevant skills and jobs moving overseas to another country cyclical unemployment relates to the loss of jobs that occurs during changes in business cycles 