Structural unemployment exists when there are not enough jobs available for those who want them.

Question

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Structural unemployment is a type of unemployment that arises due to changes in the structure of the economy, such as technological advancements or a shift in consumer preferences. This can result in a mismatch between the skills and qualifications of workers and the available job opportunities, leading to a situation where there are not enough jobs available for those who want them.

Structural Unemployment Exists When There Are Not Enough Jobs Available