Since Fred goes to a technical school to learn computer repair because he cannot find a similar job to the one he lost, Fred is: d. not unemployed.
<h3>What is an unemployment rate?</h3>
Unemployment rate can be defined as a measure or percentage of the total labor force in a country (economy), who are unemployed but are actively seeking to be gainfully employed by the employers of labor.
<h3>The types of unemployment.</h3>
According to bureau of Labor statistics, unemployment is divided into various types and these include the following;
- Frictional unemployment (FU).
- Structural unemployment (SU).
- Actual unemployment (AU).
- Cyclical unemployment (CU).
In this scenario, we can reasonably infer and logically deduce that Fred is not unemployed because he goes to a technical school to learn computer repair.
Read more on unemployment here: brainly.com/question/16287968
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Complete Question:
Fred lost his factory job replaced by welding robots. He is now going to technical school to learn computer repair because he cannot find a similar job to the one he lost. Fred is:
a. frictionally unemployed
b. cyclically unemployed
c. structurally unemployed
d. not unemployed
