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Which type of unemployment would increase if there is a mismatch between the skills that workers in the economy can offer and the skills demanded of workers by employers?Elimination ToolSelect one answerACyclical.BStructural.CFrictional.DSeasonal.ENatural.

Question

Which type of unemployment would increase if there is a mismatch between the skills that workers in the economy can offer and the skills demanded of workers by employers?Elimination ToolSelect one answerACyclical.BStructural.CFrictional.DSeasonal.ENatural.

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Solution

The type of unemployment that would increase if there is a mismatch between the skills that workers in the economy can offer and the skills demanded of workers by employers is Structural unemployment.

Here's why:

  1. Cyclical unemployment is related to the cyclical trends in the economy, such as downturns or recessions.

  2. Structural unemployment, on the other hand, occurs when there is a mismatch between the skills that workers in the economy can offer and the skills demanded of workers by employers. This can happen when technology changes, for example.

  3. Frictional unemployment is temporary and occurs when workers are between jobs.

  4. Seasonal unemployment occurs when workers are out of work due to the season, such as construction workers in the winter or agricultural workers in the off-season.

  5. Natural unemployment is the sum of frictional and structural unemployment and is the lowest rate of unemployment in an economy.

So, the answer is B. Structural.

This problem has been solved

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