CAIE A-Level Economics 9.3.2 Equilibrium/disequilibrium unemployment
Practise separating equilibrium and disequilibrium unemployment, including hysteresis after recessions or sectoral change.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- A2
Practise separating equilibrium and disequilibrium unemployment, including hysteresis after recessions or sectoral change.
What is a definition of hysteresis unemployment?
people who become temporarily unemployed because it takes a short period of time to find a job after they leave school
people who become unemployed when there is a recession but who will find employment as the economy comes out of recession
people who become unemployed for a long period of time due to a loss of job skills and work experience while unemployed
people who become unemployed when established firms close and new firms are created as technology advances
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