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Sagot :
Yes, the temporary unemployment that results from sectoral shifts such as the ones described above is best categorized as unemployment.
This is because the rise in the world price of aluminum has caused a shift in demand for labor away from airplane manufacturing firms in Washington and towards aluminum-producing firms in Pittsburgh.
This shift has left some workers unemployed, which is the definition of unemployment.
Additionally, this type of unemployment is classified as structural unemployment. This is because it is the result of a change in the structure of the economy, in this case the rise in the world price of aluminum.
Structural unemployment is often caused by technological advancements or changes in the demand for certain goods and services.
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