Which of the following is most likely to reduce structural unemployment?
A) A reduction in wage rates.
B) Access to better information on local job openings.
C) Retraining workers in marketable skills.
D) Promotion of full employment through stabilization policies.
E) Reducing the cost of job loss through enhanced unemployment benefits.

Question

Quizplus · Accepted Answer

Retraining workers in marketable skills would help reduce structural unemployment by providing workers with the skills needed to fill available jobs. This would increase the number of qualified candidates for open positions and potentially reduce the length of time it takes to fill vacancies.

Which of the Following Is Most Likely to Reduce Structural