Why Scarce Resources Are Sometimes Unemployed (Page One Economics Classroom Edition)
Classroom Edition (.pdf)
The unemployment rate always seems to be in the news, but did you know there are different kinds of unemployment? There is the natural rate of unemployment; cyclical, frictional, and structural unemployment; plus underemployment. Read the October 2013 Page One Economics Newsletter, “Why Scarce Resources Are Sometimes Unemployed,” to learn the differences.
Go to the Page One Economics web site.
Keep your students in the know on timely economic issues with the new Page One Economics Newsletter Classroom Edition. The Page One Economics newsletter provides a simple, short overview of a current economic event. The Teacher’s Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed.
Graphs compliments of FRED®.
Tags: 9-12, AP, Business Cycle, College, Economics, English, General Audience/Consumers, Human Resources, Labor, Lessons, Library, Newsletter, Page One Classroom, Productive Resources, Scarcity, Unemployment, Unemployment Rate