Unemployment because of a mismatch between the skills of job seekers and the requirements of available jobs is called:
A) Stagflation unemployment.
B) Structural unemployment.
C) Cyclical unemployment.
D) Seasonal unemployment.

Question

Quizplus · Accepted Answer

Structural unemployment occurs due to a mismatch between the demand and supply of certain skills in the labor market. This type of unemployment is long-term in nature and is not affected by short-term changes in the business cycle. The other options are not applicable to this scenario.

Unemployment Because of a Mismatch Between the Skills of Job