Structural Unemployment Refers to Unemployment That Results from _____

question 13

Multiple Choice

Structural unemployment refers to unemployment that results from _____

• A) inefficiencies in the market for labor that prolong the job search.
• B) being in the wrong geographical location.
• C) the specialization and division of labor.
• D) seasonal decreases in the demand for labor.
• E) a recession in an economy.

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Definitions:

Pattern Bargaining

A labor negotiation strategy where a union establishes contract terms with one employer and then seeks to apply those terms to negotiations with other employers in the same industry.

Decentralization

The process of distributing or dispersing functions, powers, people, or things away from a central location or authority.

Bargaining Leverage

The power or advantage one party has to influence the terms and conditions of a negotiation in their favor, often derived from one's position, resources, or alternatives.

Bargaining Behavior

The tactics and strategies used by both employers and unions during negotiations over labor contracts.