Types of Unemployment

In order for workers to be classified as unemployed, they cannot currently be employed and they must be actively searching for work. In its simplest form, this definition of unemployment may hide some of the realities of people who are given up looking for work or people who are currently working part time, but would like to work more. The simplest definition of unemployment, known as the U-3 rate, also doesn't distringuish the reason that people are unemployment.

In this scene, Billy Beane and coach Ron Washington go to see Scott Hadeberg about playing for the Oakland As. Hadeberg is not currently employed by any team in Major League Baseball, but he is interested in playing again. Hadeberg used to play catcher, but he know longer possesses the skills required to play that position. Beane would like Hadeberg to move to first base instead:

Teaching Economics with