What is structural unemployment primarily caused by?
Practice Questions
Q1
What is structural unemployment primarily caused by?
Lack of skills
Seasonal changes
Economic cycles
Temporary layoffs
Questions & Step-by-Step Solutions
What is structural unemployment primarily caused by?
Step 1: Understand what structural unemployment means. It is when people cannot find jobs because their skills do not match what employers need.
Step 2: Identify the main cause of structural unemployment. This is often due to changes in technology or the economy.
Step 3: Recognize that when new technologies are introduced, some jobs may disappear, and workers may not have the skills to do the new jobs that are created.
Step 4: Realize that shifts in the economy, like moving from manufacturing to service jobs, can also lead to structural unemployment if workers are not trained for the new types of jobs.
