Mrs. Garcia lost her job at a textile mill due to competition from cheaper imported goods. She would be classified as

Question

Quizplus · Accepted Answer

Mrs. Garcia lost her job due to structural changes in the economy, specifically competition from cheaper imported goods. This falls under structural unemployment, which is caused by changes in the structure of the economy rather than temporary factors like frictional unemployment or business cycles like cyclical unemployment. Mrs. Garcia is not considered part of the labor force if she is not actively seeking work, but that is not the best classification for why she lost her job.

Mrs Garcia Lost Her Job at a Textile Mill Due