Which of the following is a policy used to combat structural unemployment?
A)A decrease in tax rates for the purpose of increasing aggregate demand.
B)An increase in the discount rate.
C)Government intervention in labor markets for the purpose of holding wage increases down to 5.5 percent annually.
D)Job training programs.

Question

Quizplus · Accepted Answer

Job training programs can help individuals develop new skills to become more employable and fill the job openings in sectors that are experiencing a labor shortage due to structural unemployment. This policy directly addresses the issue of skills mismatch, which is a major cause of structural unemployment. Options A and B are not directly related to combatting structural unemployment, and option C may lead to lower quality work and could potentially exacerbate the problem of structural unemployment.

Which of the Following Is a Policy Used to Combat