Economy, asked by khushigarg7345, 8 months ago

Difrence between seasonal unemployment and technological unemployment

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Answered by rg71713
0

Answer:

Structural unemployment is caused by shifts in the economy, improvement in technology and workers' lack of prerequisite job skills, which makes it difficult for workers to find employment.

while

Technological unemployment is the loss of jobs caused by technological change.

Such change typically includes the introduction of labour-saving

"mechanical-muscle" machines or more efficient "mechanical-mind" processes (automation). That technological change can cause short-term job losses is widely accepted.

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