An Individual Is Structurally Unemployed If

question 25

Multiple Choice

An individual is structurally unemployed if

• A) there is a recession and the individual is laid off.
• B) the individual quits a job in order to search for a better one.
• C) the individual wants to work just during certain months of the year.
• D) the individual lacks marketable job skills because technology has changed.

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Definitions:

Foreign Subsidiaries

Companies owned or controlled by another company, often located in a different country than the parent corporation.

Multinational Corporation

A company that operates in several countries but has its headquarters in one country.

Foreign Direct Investment

Investment by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Insourcing

involves bringing processes or services back in-house, which were previously outsourced to external companies.