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A​ Half-Year of Job Losses

Employers trimmed jobs in June for the sixth straight​ month, with the total for the first six months at​ 438,000 jobs lost by the U.S. economy. The job losses in June were concentrated in manufacturing and​ construction, two sectors that have been badly battered in the recession.

According to the news​ clip, the main source of increased unemployment might be​ ______, and the main type of increased unemployment is​ ______.

A. losses in manufacturing and construction​ jobs;
cyclical

B.losses in manufacturing and construction​ jobs;
structural

C.people entering the labor force to look for​ work;
frictional

D.people entering the labor force to look for​ work;
structural

User Yshmarov
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Final answer:

The main source of increased unemployment is the job losses in the manufacturing and construction sectors, and the type of unemployment is cyclical as it is related to a downturn in economic demand characteristic of a recession.

Step-by-step explanation:

The main source of increased unemployment, according to the news clip that states employers have reduced jobs for six consecutive months with job losses concentrated in manufacturing and construction, might be losses in these specific sectors. The main type of increased unemployment, in this case, is likely cyclical unemployment, which occurs when there is not enough demand for goods and services in the economy at large, leading to a general cutback in the workforce. Cyclical unemployment tends to occur during recessions, which fits the context of the provided scenario as both manufacturing and construction have been 'badly battered in the recession'. This type of unemployment contrasts with structural unemployment, which is caused by shifts in the economy that create a mismatch between the skills workers have and the skills needed for available jobs, and frictional unemployment, which occurs when people are in between jobs or are entering the workforce for the first time.

User XylemFlow
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