A key reason that unemployment in the United States is so low compared to most of Europe is because of:

Question

Quizplus · Accepted Answer

Unlike many European countries, the United States has lower structural unemployment, which refers to a mismatch between the skills of the workforce and the skills needed by employers. The U.S. labor market is more flexible than many European markets, meaning that workers are more readily able to move between jobs and industries, reducing the likelihood of structural unemployment. While there may still be some cyclical and frictional unemployment, the overall low level of structural unemployment contributes significantly to the relatively low overall unemployment rate in the U.S.

A Key Reason That Unemployment in the United States Is