Suppose that over a period of years the country of Quasiland switched from being an agriculturally- based economy to a technologically- based economy. As a result, many people lost jobs because they lacked the correct skills. As they search for new jobs, these people are part of
A)discouraged workers.
B)frictional unemployment.
C)cyclical unemployment.
D)structural unemployment.

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills workers have and the skills needed for available jobs, often due to changes in the economy, such as a shift from agriculture to technology.

Suppose That Over a Period of Years the Country of Quasiland