what are two principal sources of structural unemployment?
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The causes of structural unemployment can include shifts in the economy, improvements in technology, and workers lacking job skills that are required for them to find employment. Conversely, swings in companies' business cycles and a period of negative economic growth—called a recession—can cause cyclical unemployment
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Explanation:
The two principal sources of structural unemployment are as follows.
- External processes or events that produce fundamental changes in the economy,such as technological advancements, cause structural unemployment. Technological improvements can have a big impact on the economy.
- Subsidies for relocation and Reduce or eliminate unemployment benefits.
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