Workers who are unemployed because they lack the skills needed by employers are called A. Cyclically unemployed. B. Frictionally unemployed. C. Structurally unemployed D. Seasonally unemployed.Reset Selection
Question
Workers who are unemployed because they lack the skills needed by employers are called A. Cyclically unemployed. B. Frictionally unemployed. C. Structurally unemployed D. Seasonally unemployed.Reset Selection
Solution
Sure, let's break down the question step by step:
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Understanding the types of unemployment:
- Cyclically unemployed: This type of unemployment occurs due to the ups and downs in the economy, such as during a recession.
- Frictionally unemployed: This type of unemployment happens when workers are temporarily between jobs or are searching for new jobs.
- Structurally unemployed: This type of unemployment occurs when there is a mismatch between the skills workers have and the skills needed by employers.
- Seasonally unemployed: This type of unemployment happens when workers are unemployed at certain times of the year when demand for labor is lower.
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Analyzing the given situation:
- The question specifies that workers are unemployed because they lack the skills needed by employers.
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Matching the situation to the type of unemployment:
- The situation described fits the definition of structural unemployment, where there is a mismatch between the skills of the workers and the needs of the employers.
Therefore, the correct answer is:
C. Structurally unemployed
Similar Questions
Unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called: a. cyclical unemployment. b. structural unemployment. c. full unemployment. d. frictional unemployment.
Consider a broom factory that permanently closes because of foreign competition. If the broom factory’s workers cannot find new jobs because their skills are no longer marketable, then they are classified as:Group of answer choicesstructurally unemployed.seasonally unemployed.cyclically unemployed.frictionally unemployed.
When the overall demand for goods and services in an economy is insufficient to provide jobs for everyone who wants to work, it is referred to as what? A. Cyclical unemployment B. Seasonal unemployment C. Frictional unemployment D. Structural unemployment
Which of the following is an example of cyclical unemployment?Group of answer choicesA worker is unemployed because the cost of finding a job in another city is too high.A worker quits her job to find a better job.A worker loses her job because the minimum wage increases substantially.A worker loses her job because the economy begins to enter a recession.
Cyclical unemployment is caused by:Group of answer choicescyclical changes in the job skills among workers.seasonal layoffs.declines in real GDP.shifts in the job skills required in the economy.
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