Concept
Version 6
Created by Boundless
Types of Unemployment: Frictional, Structural, Cyclical
![U.S. Unemployment](../../../../../../../../../figures.boundless-cdn.com/20640/full/e-duration-of-unemployment.jpg)
U.S. Unemployment
This graph shows the average duration of unemployment in the United States from 1950-2010. Unemployment occurs when there are more individuals seeking jobs than there are vacancies.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"US average duration of unemployment."
http://en.wikipedia.org/wiki/File:US_average_duration_of_unemployment.png
Wikipedia
CC BY-SA.