After 15 years with Ford Motor Corporation,one summer Cameron loses his job.His boss explained that his position has been downsized after the technological advances in automobile production.Cameron is best considered

Question

Quizplus · Accepted Answer

Cameron's job loss was due to structural factors, specifically technological advances in the industry, which led to the downsizing of his position. This type of unemployment is referred to as structural unemployment, as it results from changes in the structure of the economy rather than short-term fluctuations in the business cycle. Therefore, option C is the most appropriate choice.

After 15 Years with Ford Motor Corporation,one Summer Cameron Loses