Nicholas does not possess marketable job skills; therefore, he is
A) frictionally unemployed.
B) cyclically unemployed.
C) seasonally unemployed.
D) structurally unemployed.

Question

Quizplus · Accepted Answer

Nicholas's lack of marketable job skills puts him in the category of structurally unemployed, which refers to unemployment caused by a mismatch between the skills that workers possess and the skills that employers require. Frictional unemployment occurs when workers are temporarily between jobs, while cyclically unemployment occurs due to fluctuations in the business cycle, and seasonally unemployment occurs in industries that are affected by seasonal variations, such as tourism or agriculture. None of these categories fit Nicholas's situation as well as structural unemployment does.

Nicholas Does Not Possess Marketable Job Skills; Therefore, He Is