Structural unemployment exists because
A) workers may not be willing to accept jobs at the going wage rate.
B) of fluctuations in economic activity.
C) technological changes make the skills of the workers incompatible with the skills used on the job.
D) it takes time for people seeking jobs and employers seeking workers to find each other.

Question

Quizplus · Accepted Answer

Structural unemployment occurs due to changes in the structure of the economy, such as technological advancements that make certain skills obsolete while creating demand for new types of skills. If workers do not have the necessary skills or qualifications for the available job positions, they become structurally unemployed.

Structural Unemployment Exists Because