________ unemployment occurs due to a mismatch between the jobs that are available and the skills of workers seeking jobs.
A) Structural
B) Cyclical
C) Frictional
D) Voluntary

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills required for available jobs and the skills of the unemployed workers. It is caused by long-term changes in the economy, such as advances in technology, changes in consumer demand, and shifts in industry. This results in certain jobs becoming obsolete, while new jobs requiring different skills are created. As a result, workers who lack the necessary skills may find it difficult to find employment.

________ Unemployment Occurs Due to a Mismatch Between the Jobs