A major characteristic of structural unemployment that differentiates it from frictional unemployment is that structural unemployment
A) is a short-term problem.
B) usually lasts longer than frictional unemployment.
C) exists in an expansion whereas there is no frictional unemployment in an expansion.
D) exists only during a recession.

Question

Quizplus · Accepted Answer

A major characteristic of structural unemployment is that it usually lasts longer than frictional unemployment. Structural unemployment occurs due to a mismatch between the skills or location of job seekers and the available job openings. This type of unemployment requires significant changes in the economy or job training programs to address, making it a long-term issue. In contrast, frictional unemployment is a short-term problem that occurs as workers transition between jobs or enter the workforce for the first time.

A Major Characteristic of Structural Unemployment That Differentiates It from Frictional