Which of the following types of unemployment is the hardest to reduce?
A)Cyclical unemployment
B)Structural unemployment
C)Voluntary unemployment
D)Frictional unemployment
E)Seasonal unemployment

Question

Quizplus · Accepted Answer

Structural unemployment is caused by long-term changes in the economy, such as shifts in technology or changes in consumer demands. It is difficult to reduce because it requires individuals to retrain or obtain new skills that are in demand in the current job market. This can take time and require significant investments in education and training programs.

Which of the Following Types of Unemployment Is the Hardest