Unemployment that is caused by a mismatch of the demand for workers with certain skills and the skills of unemployed workers is:
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) mismatch unemployment.

Question

Quizplus · Accepted Answer

Structural unemployment is caused by a mismatch between the skills of workers and the skills demanded by employers. This can be due to technological changes, changes in consumer demand, or shifts in the economy. It is different from frictional unemployment, which occurs when workers are temporarily between jobs, and cyclical unemployment, which occurs due to changes in the overall economy. Mismatch unemployment is not a commonly used term, and it is not a specific type of unemployment.

Unemployment That Is Caused by a Mismatch of the Demand