Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
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.
Learn more about types of structural unemployment at https://brainly.com/question/17272067?referrer=searchResults
#SPJ4
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.
