Question

A number of semi-skilled workers in an industry find themselves out of work when improvements in technology render their jobs obsolete. These workers experience____unemployment.

a) transitional

b) technological

c) structural

d) frictional

Answer 1

The correct answer is structural unemployment. Structual unemployment occurs when the skills and qualifications of workers do not match the requirements of available jobs. This type of unemployment is not caused by temporary factors but by long-term changes in the job market.

Step-by-step explanation:

The correct answer is c) structural unemployment.

Structural unemployment occurs when the skills and qualifications of workers do not match the requirements of available jobs. In this case, the workers become unemployed due to the advancements in technology that make their skills obsolete. This type of unemployment is not caused by temporary factors but by long-term changes in the job market, such as automation, outsourcing, or shifts in consumer demand.

For example, when printing companies transition to digital platforms and reduce the need for print materials like catalogs and flyers, printers may be laid off because their specialized skills are no longer in demand.