Frictional - This occurs when employees are moving between one type of employment to another. For example, a gap of month between leaving one job and starting a new one. Generally, too insignificant to be a problem for businesses, Cyclical - This occurs when there are downturns in economic growth which result in more firms making staff redundant, which in turn creates unemployment , Structural - This occurs when there are changes in technology which result in some jobs not being needed, Seasonal - This occurs when the nature of the employment is such that staff are only required for short periods of time, Example - Structural - A good example of this is areas where coal mining or fishing used to be popular, like South Wales. It became unprofitable for coal mines operate and as such they shut, leaving locals without employment, Example - Cyclical - Due to the financial crisis, unemployment peaked at 8.5% in 2011. This is compared to 3.6% in 2022, Example - Seasonal - Think of seaside towns or holiday resorts in foreign countries during the winter months,

Unemployment Types

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