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Federal Reserve Bank of St. Louis
Page One Economics Newsletter
Why scarce resources are sometimes unemployed
Erin A. Yetter

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.

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Erin A. Yetter, "Why scarce resources are sometimes unemployed" , Federal Reserve Bank of St. Louis, Page One Economics Newsletter, pages 1-3, number y:2013:i:oct, Oct 2013.
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