Online College Courses for Credit

3 Tutorials that teach Assessing Costs of Unemployment--Labor Economics
Take your pick:
Assessing Costs of Unemployment--Labor Economics

Assessing Costs of Unemployment--Labor Economics

Author: Catherine Barry

This lesson will explain Assessing Costs of Unemployment--Labor Economics

See More
Fast, Free College Credit

Developing Effective Teams

Let's Ride
*No strings attached. This college course is 100% free and is worth 1 semester credit.

29 Sophia partners guarantee credit transfer.

311 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 27 of Sophia’s online courses. Many different colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.

Terms to Know
Cyclical Unemployment

Unemployment that follows the business cycle; falls as the economy expands and increases as the economy slows.

Frictional Unemployment

Natural separation from employment; underlies the "natural rate of unemployment." Employees looking for positions that are available.

Natural Unemployment

The unemployment rate consistent with full employment; typically considered to be 5% and attributed to frictional unemployment.

Structural Unemployment

Unemployment resulting from changes in the structure of the economy.