What is one reason that the natural rate of unemployment has increased over the last three decades?

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Quizplus · Accepted Answer

One possible reason for the increase in the natural rate of unemployment is longer job-search time by more affluent job seekers. This may reflect a mismatch between the types of jobs available and the skills of job seekers, as well as changing demographics and social trends. In particular, the rise of the gig economy and the growth of part-time, contract, and temporary work may have reduced the stability and security of employment, making it harder for workers to find steady and well-paying jobs. This is supported by evidence of rising income inequality, declining unionization rates, and decreasing social mobility in many advanced economies over the past few decades.

What Is One Reason That the Natural Rate of Unemployment