Short-term unemployment is most likely to be ______ unemployment,while long-term unemployment is most likely to be ______ unemployment.

Question

Quizplus · Accepted Answer

Short-term unemployment typically occurs due to mismatch between job vacancies and job seekers, which falls under frictional unemployment. On the other hand, long-term unemployment is more likely caused by structural factors, such as changes in technology or shifts in the economy, leading to the decline of certain industries or skill sets, hence classified as structural unemployment.

Short-Term Unemployment Is Most Likely to Be ______ Unemployment,while Long-Term