Which type of unemployment occurs as a result of a mismatch between the skills of the unemployed population and the type of jobs that are available?
A)Frictional unemployment
B)Structural unemployment
C)Skills unemployment
D)Cyclical unemployment

Question

Quizplus · Accepted Answer

Structural unemployment occurs as a result of a mismatch between the skills of the unemployed population and the type of jobs that are available.
Key Takeaway: The other two types of unemployment are cyclical (which refers to standard changes with the business cycle) and frictional (which is considered the normal unemployment of a given economy-the standard time it takes to match a person to a position).

Which Type of Unemployment Occurs as a Result of a Mismatch