Answers
1. Paul lost his job six months ago - structural unemployment as there is a mismatch between the skills Paul has and what skills are needed by the employer.
2. Unemployment in Michigan increased due to the great recession - Cyclical unemployment due to business cycles. Unemployment increases during recession.
3. Michael is temporarity out of work - Frictional unemployment.
Frictional unemployment occurs because people have voluntarily chosen to be unemployed.
4. In 2011, Borders Books filed for bankruptcy. Structural unemployment because job losses occured due to business failure. This could be due to increased competition, jobs moving overseas etc.
5. A data-entry operator lost his job.
Structural unemployment because jobs moved overseas.
6. Mary graduated from college. Frictional unemployment as it takes time to find a new job.
7. Large number of construction workers lost their jobs - cyclical unemployment.
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