______ is found quite often side by side with job vacancies, because the unemployed lack the skills required for newly created jobs.
A) Structural unemployment
B) Discouraged unemployment
C) Cyclical unemployment
D) Frictional unemployment

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills that workers in the economy can offer and the skills demanded by employers. This situation often arises when technological advancements or changes in the global economy transform the kinds of jobs available, leaving some workers without the necessary skills for new jobs.

______ Is Found Quite Often Side by Side with Job