a)Jim recently graduated with a marketing degree.In the past two months he has applied for several

a)    Jim recently graduated with a marketing degree. In the past two months he has applied for several

positions advertised by market research companies. Jim however has not yet been able to secure a position. Is Jim frictionally unemployed, structurally unemployed or cyclically unemployed? Explain your answer.                                                                                                                                                                      (2 marks)