What type of unemployment is the hardest to reduce?
A) cyclical
B) structural
C) voluntary
D) involuntary

Question

What type of unemployment is the hardest to reduce?  
A) cyclical 
B) structural 
C) voluntary 
D) involuntary

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills of the workers and the skills demanded by the job market. This type of unemployment is difficult to reduce as it requires time and resources to retrain workers and develop new industries that match their skills. In contrast, cyclical unemployment tends to be more responsive to economic policy measures such as increased government spending or tax cuts, while voluntary and involuntary unemployment can be reduced by improving job matching services and incentives for workers to accept job offers.

What Type of Unemployment Is the Hardest to Reduce