Unemployment bingo

Exercise and reference answers

Clues and terms

1. Clue

   Employed plus job seekers.

   Item

   Labour force

2. Clue

   Wants work but stopped looking.

   Item

   Discouraged

3. Clue

   Caused by a recession.

   Item

   Cyclical

4. Clue

   Gap while changing jobs.

   Item

   Frictional

5. Clue

   Skills do not match the jobs.

   Item

   Structural

6. Clue

   Remains in a healthy economy.

   Item

   Natural rate

7. Clue

   Actual equals the natural rate.

   Item

   Full emp

8. Clue

   Output at full employment.

   Item

   Potential

9. Clue

   Monthly household count.

   Item

   Survey

Instructions

Read each clue and tap the term it describes.

Explanation