_____ unemployment is caused by changes in consumer demands or technology.
A) Structural
B) Frictional
C) Seasonal
D) Cyclical

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills and training of workers and the available jobs in the market. This type of unemployment is often caused by changes in consumer demands or technology, as certain industries may become obsolete or new ones may arise.

_____ Unemployment Is Caused by Changes in Consumer Demands or Technology