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 in an expansion whereas there is no frictional unemployment in an expansion.
C)exists only during a recession.
D)is a short- term problem.

Question

Quizplus · Accepted Answer

Structural unemployment usually lasts longer than frictional unemployment because it is caused by fundamental shifts in an economy, such as technological changes or globalization, which require workers to acquire new skills or relocate.

A Major Characteristic of Structural Unemployment That Differentiates It from Frictional