Question

Suppose that Sally J. Society recently lost her job as an underwater welder. In looking for a new​ job, she discovers that the only available jobs are for economists and that there are no openings for underwater welders because the trade is now obsolete. If Sally J. Society decides to return to school to earn an Economics​ degree, what is the best classification of her unemployment​ status?
A. Seasonally unemployed
B. Frictionally unemployed
C. Cyclically unemployed
D. Structurally unemployed

Answer 1

Answer:

D. Structurally unemployed

Explanation:

Structural unemployment is a type of involuntary unemployment. It is when a person cannot get a job because there's no job available that matches the skills the person possesses.

Seasonal unemployment is when Labour is unemployed during particular seasons.

Cyclical unemployment is when unemployment rises when there's a downturn of the economy and falls when there's a boom.

Frictional unemployment occurs when Labour is moving from one job to another.

I hope my answer helps you