Suppose Janice is laid off from her office job because new technology has reduced the need for staff to handle customer-service inquiries.What type of unemployment is Janice experiencing?

Question

Quizplus · Accepted Answer

Janice is experiencing structural unemployment, which occurs when changes in the economy, such as technological advancements or shifts in consumer demand, lead to a mismatch between the skills workers have and the skills that are in demand by employers. In this case, Janice's job has become obsolete due to new technology, and she may need to retrain or upgrade her skills to find new employment. This type of unemployment is often long-term and requires structural changes in the economy to address.

Suppose Janice Is Laid Off from Her Office Job Because