A major characteristic of structural unemployment that differentiates it from frictional unemployment is that structural unemployment
A) usually lasts longer than frictional unemployment.
B) exists only during a recession.
C) exists in an expansion whereas there is no frictional unemployment in an expansion.
D) is a short- term problem.

Question

Quizplus · Accepted Answer

Structural unemployment usually lasts longer than frictional unemployment because it is caused by fundamental changes in the economy and requires longer-term solutions such as retraining and education programs for workers. Frictional unemployment, on the other hand, is caused by temporary factors such as job search and usually resolves quickly as workers find new jobs.

A Major Characteristic of Structural Unemployment That Differentiates It from Frictional