Lengthening of the average unemployment spell suggests that ________ unemployment is growing in importance.

Question

Quizplus · Accepted Answer

The lengthening of the average unemployment spell indicates that the issue is not temporary or caused by short-term fluctuations in the economy (cyclical), but rather due to a fundamental mismatch between the skills and requirements of available jobs (structural). Frictional unemployment is associated with people who are temporarily without work while they search for new employment, and turnover is a general term that does not apply specifically to unemployment.

Lengthening of the Average Unemployment Spell Suggests That ________ Unemployment