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Question : Unemployment arising due to a mismatch between job availability in the market and the skills of available workers is called ___________?

Option 1: seasonal

Option 2: structural

Option 3: economical

Option 4: frictional


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: structural


Solution : The correct answer is structural.

The situation where there is a misalignment between the skills possessed by the available workforce and the skills required by the available jobs in the market is commonly referred to as "structural unemployment." Structural unemployment occurs when there is a disconnect or mismatch between the skills, qualifications, or location of job seekers and the requirements of job openings.

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