asked 225k views
3 votes
__________ unemployment refers to unemployment caused by the restructuring of firms or by a mismatch between the skills of job seekers and the requirements of available jobs.A. FrictionalB. StructuralC. CyclicalD. Seasonal

1 Answer

5 votes

Answer:

B. Structural

Step-by-step explanation:

Structural unemployment refers to unemployment in which there is a shift in an economy. This occurs when the mismatch is created with respect to the needs of the companies and the offer made by the workers that are available for the job. It remains long lasting

Therefore according to the given situation, the option B is most appropriate option as it fits to the current situation given in the question

answered
User Arpit Goyal
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.