Unemployment that results from technological changes that renders some people's skills obsolete is called:
A)frictional unemployment.
B)cyclical unemployment.
C)structural unemployment.
D)seasonal unemployment.

Question

Unemployment that results from technological changes that renders some people's skills obsolete is called:
A)​frictional unemployment.
B)​cyclical unemployment.
C)​structural unemployment.
D)​seasonal unemployment.

Quizplus · Accepted Answer

Structural unemployment refers to unemployment caused by shifts in the labor market due to changes in technology, international competition, or other factors that result in some workers' skills becoming obsolete. Frictional unemployment is caused by people voluntarily leaving one job to look for another, while cyclical unemployment is caused by changes in the business cycle such as a recession. Seasonal unemployment is caused by changes in demand for labor in certain industries based on the time of year.

Unemployment That Results from Technological Changes That Renders Some People's