Classify civilian labor force in Riverside into one of the following unemployment types: structural, cyclical, and frictional unemployment and explain why.

Case Study Categorize the following groups of people by different types of unemployment and report it to the BLS (Bureau of Labor Statistics) in a month. The document you receive has the following information: “There are 330,000 people reside in Riverside. Among them, 40% of the population is civilian labor force. The 15% of civilian … Read more