1) Explain the three different types of unemployment

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1) Explain the three different types of unemployment. Give an example of each type. Given what you have learned about the different types of unemployment, suggest three policies that could be used to reduce unemployment, one for each type of unemployment.

2) Describe What is meant by the phrase "not in the labor force?" Give examples of why people might be in this state.

It means people over the age of fifteen who are not looking for work, either because they do not want a job or because they have given up looking. It might include retirees, full-time students, stay-at-home parents, individuals in institutions like prisons or mental hospitals or elderly parents.