Which of the following is the closest example of structural unemployment?
A) An accountant quitting her job to become an investment banker
B) An auto worker being fired for poor job performance
C) Workers in a firm manufacturing films for roll film cameras losing jobs due to the popularity of digital cameras
D) A consultant being laid off because poor economic conditions have depressed the market for consultants
E) A college graduate seeking his/her first job in the IT industry

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills or location of workers and available jobs. In this case, the workers in the film manufacturing industry are losing jobs due to a permanent change in technology and preferences in the industry, leading to a structural mismatch between their skills and the available jobs. Choices A, B, D, and E do not represent structural unemployment as they are due to voluntary quits, poor performance, temporary economic conditions, and initial job search respectively.

Which of the Following Is the Closest Example of Structural