Question

Structural unemployment is caused by: Group of answer choices people losing a job when their skills become obsolete due to technological innovations. people quitting a job just long enough to look for and find another one. a general downturn in the economy. people over 65 who don't really want to work.

Answer 1

Structural unemployment is caused by people losing a job when their skills become obsolete due to technological innovations.

• People who wish to work but are unable to obtain job are said to be experiencing structural unemployment. The abilities of the workers and the talents that businesses required do not match in structural unemployment.
• Because the abilities of the workforce won't change despite advances in technology, if technological breakthroughs improve, there will be structural unemployment.
• As a result of their inability to keep up with modern technology, they are losing their jobs.

What is Structural unemployment?

A mismatch between the skills of the jobless and the jobs that are available is referred to as structural unemployment. It differs from cyclical unemployment in that it results from factors other than the business cycle. 1 It happens when an underlying economic shift makes it challenging for some people to find work. It is more difficult to reverse than other forms of unemployment.

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