Indy worked for a major automobile manufacturer before the company relocated its factory to Malaysia, putting Indy out of a job. Indy continues to seek new employment, but will likely have to retrain or relocate to find a job. Based on this description, Indy is best described as:
A) structurally unemployed.
B) frictionally unemployed.
C) cyclically unemployed.
D) not in the labor force.

Question

Quizplus · Accepted Answer

Indy is structurally unemployed because the job loss is due to changes in the industry structure, such as the relocation of the factory, which requires retraining or relocation for new employment.

Indy Worked for a Major Automobile Manufacturer Before the Company