Structural Unemployment Refers to Unemployment Caused by the Restructuring of Firms

question 136

True/False

Structural unemployment refers to unemployment caused by the restructuring of firms or by a mismatch between the skills or location of job seekers and the requirements or location of available jobs.

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Definitions:

Hind Feet

The rear feet or legs of an animal, often specialized for various functions such as jumping, running, or climbing.

Modern Cetaceans

Refers to the current species of whales, dolphins, and porpoises, highly adapted marine mammals with a fully aquatic lifestyle.

Fluke

Parasitic flatworms that belong to the Trematoda class, often causing diseases in livestock and humans.

Convergent Evolution

The process where organisms not closely related independently evolve similar traits as a result of having to adapt to similar environments.