What type of unemployment is a federal government program aimed at retraining the unemployed workers of the declining fishing industries designed to reduce?
A)frictional
B)cyclical
C)seasonal
D)structural

Question

Quizplus · Accepted Answer

The federal government program aimed at retraining the unemployed workers of the declining fishing industries is designed to reduce structural unemployment. Structural unemployment occurs when there is a mismatch between the skills and abilities of workers and the requirements of available jobs. Retraining programs can help workers acquire new skills that are in demand in other sectors of the economy, reducing the mismatch and leading to a decrease in structural unemployment.

What Type of Unemployment Is a Federal Government Program Aimed