Structural unemployment occurs because of __________________.Group of answer choicesRecessions and national economic activityTechnical innovations that displace some jobsYearly swings in agricultural jobs and retail sale's pricesSome people have few, if any, job skills
Question
Structural unemployment occurs because of __________________.Group of answer choicesRecessions and national economic activityTechnical innovations that displace some jobsYearly swings in agricultural jobs and retail sale's pricesSome people have few, if any, job skills
Solution
Structural unemployment occurs because of technical innovations that displace some jobs.
Here's a step-by-step explanation:
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Structural unemployment refers to a form of unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills needed by employers for certain jobs.
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This type of unemployment is not caused by fluctuations in the economy, such as recessions or national economic activity, or by seasonal changes in employment, such as yearly swings in agricultural jobs and retail sales prices.
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Instead, structural unemployment often occurs when there are significant changes in the economy, such as technological advancements or innovations.
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These changes can lead to some jobs becoming obsolete, as they can be replaced by machines or software. This displacement of jobs due to technical innovations is what causes structural unemployment.
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Additionally, structural unemployment can also occur when people have few, if any, job skills. However, this is not the primary cause, but rather a contributing factor. The main cause is the displacement of jobs due to technical innovations.
Similar Questions
Which of the following is an example of structural unemployment? A. A teacher who is temporarily unemployed during the summer break. B. An auto worker who is laid off due to a recession in the automotive industry. c. There is a reduction in staffing in the factory due to increased automation. D. A retail worker who is temporarily without a job because their store is closed for a public holiday.
This type of unemployment occurs when people lose jobs because of an economic downturn.Select one:a. Structural Unemploymentb. Mass Unemploymentc. Frictional Unemploymentd. Cyclical Unemployment
Why is it difficult to distinguish among frictional, structural, and cyclical unemployment? Why is unemployment an economic problem? What are the consequences of a negative GDP gap? What are the noneconomic effects of unemployment?
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.
The type of unemployment that arises during recessions is known asGroup of answer choicesthe natural rate of unemployment.cyclical unemployment.structural unemployment.frictional unemployment.
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