Unemployment Involving a Mismatch of the Skills of Unemployed Workers

question 282

Multiple Choice

Unemployment involving a mismatch of the skills of unemployed workers and the skills required for available jobs is called

• A) frictional unemployment.
• B) structural unemployment.
• C) cyclical unemployment.
• D) compositional unemployment.

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Definitions:

Constant Change

A state where elements or conditions undergo frequent updates or alterations.

Repetitive Work

Tasks or jobs that involve performing the same functions or processes multiple times, often considered monotonous.

Transferable Skills

Skills acquired in one context (like a job or hobby) that are applicable to other contexts, valued for their versatility across different roles and industries.

Growing Jobs

Professions or occupational fields that are experiencing higher than average growth rates due to various factors like technological advancements, economic changes, or societal trends.