Which One of the Following People Is Structurally Unemployed

question 24

Multiple Choice

Which one of the following people is structurally unemployed?

• A)a Saskatchewan welder who lost her job when her company relocated to B. C. and is currently looking for a job
• B)a Nova Scotia fishery worker who is searching for a better job closer to home
• C)a steel worker who is laid off but who expects to be called back soon
• D)an office worker who has lost her job because of a general slowdown in economic activity
• E)a student who recently graduated and is looking for work

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Definitions:

Retailer Profit

The financial gain that a retailer earns from selling products or services, after subtracting the costs of purchasing or producing those items.

Short Term

A period of time that is immediate or not very long, often referring to plans or investments spanning a few months to a year.

Tailored Sourcing

A sourcing strategy that is customized to fit the specific needs and requirements of a business, often involving close collaboration with suppliers.

Lead Time

The amount of time that elapses between the initiation and completion of a process, such as the time from placing an order to delivery.