Alex is a skilled furniture maker, but there are no jobs available in the economy that utilize his furniture-making skills. If Alex remains unemployed, then in which category of unemployment will he fall under?

Question

Quizplus · Accepted Answer

Alex's situation is an example of structural unemployment, which occurs when there is a mismatch between the skills workers have and the skills needed for available jobs. In this case, Alex has furniture-making skills, but there are no available jobs that require those skills.

Alex Is a Skilled Furniture Maker, but There Are No