The given are stats for the unemployment rates for five different groups during the months of Aug. 2005 and Aug. 2006. I need to know what would cause the shift in % for each group and if each group is a form of frictional, structural, or cyclical unemployment and why.
1. unemployment rate, bachelors degree and higher, 25 years and older
August 05: 2.1%
August 06: 1.8%
2. unemployment rate, some college, 25 years and older
August 05: 3.6%
August 06: 3.7%
3.unemployment rate, high school diploma and no college, 25 years and older
August 05: 4.5%
August 06: 4.7%
4. Unemployment rate, full time male workers over 20 years old
August 05: 5.9%
August 06: 4.1%
5. Unemployment rate, full time woman workers over 20 years old
August 05: 5.6%
August 06: 4.3%