With both structural and frictional unemployment, there are not enough jobs for prospective workers.

Name: With both structural and frictional unemployment, there are not enough jobs for prospective workers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Structural unemployment occurs when there's a mismatch between the skills of the unemployed and the skills needed for available jobs, while frictional unemployment happens when workers are between jobs or entering the workforce. Neither necessarily means there are not enough jobs overall.

With Both Structural and Frictional Unemployment, There Are Not Enough