Question

After the success of the Apollo space program, in the mid-1970s NASA budget cuts results in a decrease in the number of jobs for aerospace engineers. This was an example of ________.

Answer 1

Structural unemployment.

Step-by-step explanation:

As the exercise exemplifies, the decrease in the number of jobs for aerospace engineers after the success of the Apollo program resulted in structural unemployment. This type of unemployment refers to a mismatch between jobs available and the skill levels of the unemployed. Like the exercise explains, qualified aerospace engineers have an "overqualification" for many jobs, making them a part of this unemployment that causes certain groups to have difficulties finding a job.