Randy is a postal worker who was laid off after the rise in e-mail communication.Randy's situation best illustrates the concept of ______.

Question

Quizplus · Accepted Answer

Randy's unemployment is caused by shifts in the economy and changes in the nature of work, rather than temporary fluctuations in demand (cyclical unemployment), difficulties in matching workers with available jobs (frictional unemployment), or a decline in a particular industry (industrial unemployment). This type of unemployment is known as structural unemployment.

Randy Is a Postal Worker Who Was Laid Off After