Types of Unemployment
This is a supplement to our discussion, in Principles of Macroeconomics, about unemployment.
In this piece, by Univ. of Oregon professor Mark Thoma, you will find a review of the three kinds of unemployment and a discussion of what “normal” or “natural” employment is.
Will There be a “New Normal” for Unemployment?
Thoma also writes in his very popular, Economist’s View blog, and has a number of his upper division lectures available on YouTube.
I teach principles of economics courses and a course in the economics of healthcare at Southern Oregon University.