Suppose that in 2013,the demand for construction workers increased and the demands for textile and steel workers diminished.Which of the following types of unemployment does this situation illustrate?

Question

Quizplus · Accepted Answer

The demand for construction workers increased, while the demands for textile and steel workers diminished. This is a sectoral shift, which means that the demand for workers in one sector of the economy has increased while the demand for workers in another sector has decreased. This type of unemployment is called frictional unemployment created by a sectoral shift.

Suppose That in 2013,the Demand for Construction Workers Increased and the Demands