The first type of unemployment is Frictional Unemployment.-------------------------------------------------------------------This is Marissa. She has just graduated from medical school, and is hoping to find a new job ASAP.
Structural Unemployment
After graduating, she looks for a job. Right now, she is frictionally unemployed. There is friction in her life right now with just finishing school, therefore she will be frictionally unemployed until she finds a job.
Structural Unemployment
Luckily, Marissa found a job at one of the best hospitals in her state, and is working in her dream field: surgery. She is not frictionally unemployed anymore.
Structural Unemployment
The next type of unemployment is Structural Unemployment.-----------------------------------------------------------------------This is Bethany. She works as a typist for a big corporation.
However, new technology is allowing office workers, managers, CEOs, etc. to type their own documents. This means that there is no need for typists.
Now, Bethany is structurally unemployed. Typists are no longer needed, so Bethany was let go from her typist job. She must decide where to go from here in her career.