Frictional Unemployment
Meet June; graduate of Brown University for almost half a year now, and yes, still unemployed. She majored in Business Administration, and has a masters degree in Economics. She’s pretty normal- straight brown hair, green eyes, average height and weight. She has sent out her resume to 11 companies, all in her range of study, and now she has to endure the worst part: to wait for their responses. Every morning she checks her email, phone, fax, mailbox- everything that couldn’t possibly bring her the good news. But so far, nothing. She keeps looking online for openings that could possibly interest her, and has gone to a few interviews over the last few weeks. As each day ends, she hopes that after just a few restless hours of sleep, she will wake up to find an inviting response to one of her applications.Seasonal Unemployment
Merhaba! My names Ralf, and yes, I’m also unemployed. I live in Bodrum, Turkey and during the summers I am a windsurf instructor. I graduated from the university of South Carolina, and ever since then, for 6 years now, I’ve been living in Bodrum, teaching windsurfing. I usually work from the beginning of May to end of August. Usually I get enough money over these 4 months to be able to pay the rent and have enough money left over for food and other necessities, but my apartment recently flooded so all of my savings have gone into fixing it, so here I am, like so many others in this world, looking for a job. I majored in mechanical engineering, so I’m trying to find something that is remotely close to my area of study, but so far- no luck. But hopefully soon. Structural unemployment
Frank, 47 years old, married, lives in Kansas, unemployed. For as long as he can remember, his family has been a family of farmers and now a new trade agreement on potatoes (that he mostly grew) was developed and he isn’t getting the money that he would have liked. Frustrated he quits farming in hopes to find a better job. Sorry Frank, the economy isn’t great right now and the amount of available jobs is scarce. So for now, he is unemployed. Demand-Deficient Unemployment
Oh Boris, poor old Boris. He used to be a worker at the factory which produced matryoshka's. But now, the Russian government decided that it is much cheaper to produce all of the pieces of matryoshkas in China; moving their whole factory to China. But ofcourse, none of the workers could move with their beloved factory, so no job for Boris. It has been already 2 months that he has been unemployed, but to him it seems like he was fired a year ago. His savings are slowly decreasing, and he lives with just enough money for the basic necessities. He searches for jobs everyday, for example he applied for a job interview last week at the factory that produced Barbies, but they declined him because he accidently said that he didnt like the color pink.Real Wage Unemployment
Meet Dylan; fresh out of university. Finally, only after 2 weeks of searching, he found a great first job being the 'handy man' at a publishing firm. He didn't get payed much and had to work very hard. He brought coffee for his boss, called to arrange meetings, filed papers; basically all the busy work. But he was just out of university so he was still very motivated. But only 8 months into the job, he is told that the minimal wage of the country has increased, and so the company has to fire people. The company apologized, but told him that they would no longer be needing his services. Dylan, now unemployed, is strangely in great spirits. He keeps sending out resumes to different firms to find any job that could one day get him to his goal- to be a famous journalist. 
