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Underemployment and marginal attachment to the labour market

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Reference no: EM132367243

a) Jim recently graduated with a marketing degree. In the past two months he has applied for several positions advertised by market research companies. Jim however has not yet been able to secure a position. Is Jim frictionally unemployed, structurally unemployed or cyclically unemployed? Explain your answer.

What is the difference between underemployment and marginal attachment to the labour market? Explain and elaborate.

Reference no: EM132367243

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