Our textbook identifies the two main sources of unemployment as (select all that apply): O counter-cyclical unemployment ☐ frictional unemployment ☐ natural unemployment O structural unemployment

The U.S. unemployment rate increased from 4.6 in July 2001 to 5.9 by June 2002. Without studying the subject in any detail, would you expect that a change of this kind is more likely to be due to cyclical unemployment or a change in the natural rate of unemployment? My?