Asked by
Emmerson Mcnally-Griffin
on Nov 16, 2024Verified
Structural unemployment is often thought to explain relatively short spells of unemployment.
Structural Unemployment
Occurs when there is a mismatch between the skills that workers offer and the skills demanded by employers, often due to technological changes or shifts in the economy.
Short Spells Of Unemployment
Short spells of unemployment refer to brief periods during which an individual is without a job and actively seeking work.
- Learn about the various forms of unemployment: frictional, structural, and sectoral.
Verified Answer
PD
Learning Objectives
- Learn about the various forms of unemployment: frictional, structural, and sectoral.
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