Which of the following best describes an increase in structural unemployment?

Choose 1 answer:
(A) More job-search websites are created to better match job seekers with jobs
(B) People must undergo a long retraining process in new skills after losing their jobs
(c) People become less willing to move to another state for a job
(D) An economy enters a recession
(E) People lose jobs in agriculture when the growing season ends

Question

Which of the following best describes an increase in structural unemployment?

Choose 1 answer:
(A) More job-search websites are created to better match job seekers with jobs
(B) People must undergo a long retraining process in new skills after losing their jobs
(c) People become less willing to move to another state for a job
(D) An economy enters a recession
(E) People lose jobs in agriculture when the growing season ends

Accepted Answer

***B*** ∻Key Concept∻ ⚹Structural Unemployment⚹ ∻Explanation∻ ⚹Structural unemployment occurs when there is a mismatch between the skills that workers offer and the skills demanded by employers. This can happen due to technological changes, shifts in consumer demand, or other economic changes. Retraining for new skills after job loss is a key characteristic of structural unemployment, as the jobs that workers are trained for are no longer in demand.⚹◊What impact does an increase in structural unemployment have on a country's overall labor market?⍭ Generate me a similar question◊

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