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What is the difference between seasonal unemployment and structural unemployment?

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Structural unemployment and cyclical unemployment occur throughout an economy. Structural unemployment is caused by shifts in the economy, improvement in technology and workers' lack of requisite job skills, which makes it difficult for workers to find employment. read more

Seasonal employment occurs when workers are unemployed because the industries in which they work only need some employees for part of the year. Seasonal Unemployment and the Unemployment Rate. According to the Bureau of Labor Statistics, seasonal employment is natural and occurs year after year, unlike structural employment. read more

Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and services. read more

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