Which of the following is most likely to reduce 'structural unemployment'?
A)lowering interest rates to stimulate investment
B)advertising job opportunities on the Internet to improve communication between employers and job seekers
C)reducing unemployment benefits to workers who do not actively seek employment
D)the establishment of vocational training centres to help unemployed people learn marketable skills

Question

Quizplus · Accepted Answer

Structural unemployment occurs when there is a mismatch between the skills and qualifications of workers and the demands of employers. The establishment of vocational training centres can help unemployed people learn new skills and update existing ones, making them more marketable and reducing structural unemployment. Lowering interest rates, advertising job opportunities online, and reducing unemployment benefits may help reduce other types of unemployment, but they are unlikely to address the root causes of structural unemployment.

Which of the Following Is Most Likely to Reduce 'Structural