Bob is unemployed because his skills have become obsolete due to technological advances.This is ____ unemployment.
A)frictional
B)structural
C)cyclical
D)abnormal

Question

Quizplus · Accepted Answer

Structural unemployment refers to a mismatch between the skills that workers have and the skills needed for available jobs. In this case, Bob's skills have become obsolete due to technological advances, resulting in a structural mismatch between his skills and available jobs. Frictional unemployment is when people are temporarily between jobs (e.g. recent graduates), and cyclical unemployment is when there are not enough jobs available due to a downturn in the business cycle. Abnormal unemployment is not a recognized category of unemployment.

Bob Is Unemployed Because His Skills Have Become Obsolete Due