Carol is an autoworker who was laid off when the last factory in the area shut down. She has looked everywhere for another job as an autoworker, but cannot find one. Carol is:

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Quizplus · Accepted Answer

Carol's unemployment is caused by the structural changes in the economy, specifically the decline in the demand for autoworkers. This is different from frictional unemployment, which is caused by the time it takes for a worker to transition between jobs, and real-wage unemployment, which is caused by wages being too high for employers to hire workers. Carol is also not a discouraged worker, as she is actively searching for work in her field.

Carol Is an Autoworker Who Was Laid Off When the Last