Structural unemployment is:
A) unemployment caused by time delays in matching available jobs with workers.
B) unemployment caused by changes in the industrial makeup of an economy.
C) unemployment caused by economic downturns.
D) when a worker stops looking for a job because he or she feels no job is available for him or her.
E) not one of the three types of unemployment.

Question

Quizplus · Accepted Answer

Structural unemployment is caused by changes in the industrial makeup of an economy, such as advances in technology, changes in consumer preferences, or shifts in global competition. This type of unemployment can occur when workers are no longer needed in a particular industry and may lack the skills or qualifications for jobs in growing sectors.

Structural Unemployment Is