Sam has no job but keeps applying to get a job with a business that is unionized. He is qualified and he finds the pay attractive, but the firm is not hiring. Sam is
A)structurally unemployed.Structural unemployment exists even in the long run.
B)structurally unemployed.Structural unemployment does not exist in the long run.
C)frictionally unemployed.Frictional unemployment exists even in the long run.
D)frictionally unemployed.Frictional unemployment does not exist in the long run.

Question

Quizplus · Accepted Answer

Sam is structurally unemployed because he is qualified and willing to work, but there are no job openings due to the firm's hiring constraints. Structural unemployment can persist in the long run due to mismatches between skills and job requirements or other market conditions.

Sam Has No Job but Keeps Applying to Get a Job