Examlex
The team development model does NOT recognize that:
Frictional Unemployment
A form of unemployment that occurs when people are between jobs or within the workforce for a short period, often due to transitions or searching for a job that better matches their skills.
Structural Unemployment
A form of unemployment caused by a mismatch between the skills held by the unemployed population and the skills demanded by the prevailing job market.
Cyclical Unemployment
Unemployment that rises during economic downturns and falls when the economy improves, linked to business cycles.
Frictional Unemployment
Unemployment that occurs when people are between jobs or are entering the labor market for the first time.
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