Unemployment That Results from a Mismatch of Workers' Abilities and Skills

question 8

Multiple Choice

Unemployment that results from a mismatch of workers' abilities and skills with current requirements of employers is

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

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Definitions:

Income

is the financial gain received by an individual or entity, typically through employment, investments, or other means.

Family Life Cycle

A series of stages through which a family might pass over time, including marriage, parenthood, and retirement.

Income

The monetary gain derived from wages, salaries, investments, or other sources over a period of time.

Total Fertility Rate

The average number of children a woman is expected to give birth to during her lifetime, based on current birth rates.