An individual who cannot find a job because his or her job skills have become obsolete is an example of
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) seasonal unemployment.

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills that workers have and the skills that employers require due to changes in the economy, technology, or other factors. In this case, the individual cannot find a job because their job skills have become obsolete, which is a prime example of structural unemployment. Frictional unemployment refers to the short-term unemployment that occurs when workers are in the process of changing jobs, cyclical unemployment occurs due to downturns in the business cycle, and seasonal unemployment is caused by seasonal fluctuations in demand for labor. None of these options fit the scenario described in the question.

An Individual Who Cannot Find a Job Because His or Her