Economy, asked by aditinarendra93, 1 year ago

give examples of structure unemployment​

Answers

Answered by Bhanushalidev
1

Answer:

Structural unemployment is the result of major shifts that lead to long-lasting and problematic unemployment.

Explanation:

Structural unemployment refers to a mismatch between the jobs available and the skill levels of the unemployed. Unlike cyclical unemployment, it’s caused by forces other than the business cycle. It occurs when an underlying shift in the economy makes it difficult for some groups to find jobs. It is harder to correct than other types of unemployment.

Structural unemployment can keep the unemployment rate high long after a recession is over. If ignored by policy makers, it creates a higher natural unemployment rate.

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