Structural unemployment arises in part because
A)of unrealistic wage expectations.
B)there are not enough jobs available.
C)people become discouraged when they cannot find jobs.
D)people will not quit their present jobs until they can find suitable employment elsewhere.
E)of technological change.

Question

Quizplus · Accepted Answer

Structural unemployment is caused by changes in the economy, such as advances in technology or shifts in consumer demand, that result in certain industries or skills becoming obsolete or less in demand. This leads to a mismatch between the skills and training that workers possess and the skills and training that are needed in the new economy, resulting in unemployment that is "structural" in nature.

Structural Unemployment Arises in Part Because