Structural unemployment occurs when:
A)new workers enter the work force.
B)there is a surplus of labor.
C)the economy expands.
D)there is cyclical unemployment.

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a surplus of labor due to a mismatch between the skills and qualifications of workers and the available job opportunities. This can occur due to technological changes, shifts in the economy, changes in consumer preferences, or changes in the global market. It is not caused by new workers entering the workforce, the expansion of the economy, or cyclical unemployment.

Structural Unemployment Occurs When