In recent times, there has been a decline in the sale of newspapers in the United States as people prefer to read the news on the internet. This has caused many newspaper journalists to lose their jobs. This is an example of _____
A) structural unemployment.
B) frictional unemployment.
C) cyclical unemployment.
D) seasonal unemployment.
E) underemployment.

Question

Quizplus · Accepted Answer

Structural unemployment occurs due to long-term changes in the economy, such as technological advancements and changes in consumer behavior, which result in a mismatch between the skills of the workforce and the requirements of available jobs. The decline in newspaper sales due to increased use of the internet is a classic example of structural unemployment as it has caused many newspaper journalists to lose their jobs. Therefore, option A) is the best choice.

In Recent Times, There Has Been a Decline in the Sale