Juan recently lost his job as a travel agent,which he has had for 20 years,because the demand for his services has fallen over time as more and more people book their vacations online.Unfortunately,Juan has not been able to find a new job because he lacks the skills needed to get hired in other industries where job growth is occurring.Juan is considered to be

Question

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Juan is structurally unemployed because he lost his job due to the decline in demand for his specific skills and expertise in the travel industry, and he does not possess the skills needed for other growing industries. Frictional unemployment refers to temporary unemployment while searching for a new job, cyclic unemployment is caused by fluctuations in the business cycle, and being marginally attached or not in the labor force means not actively seeking employment.

Juan Recently Lost His Job as a Travel Agent,which He