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:

Self-Regulation

The process by which an organism effortfully controls its behavior in order to pursue important objectives.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which outlines a hierarchy of human needs, from basic physiological needs to self-actualization.

Direct Labor

The earnings of staff members actively engaged in manufacturing products or delivering services.

Rate Variance

The difference between an expected rate and the actual rate charged, often analyzed in budgeting and performance evaluation.