Asked by Karan Kahlon on Jul 25, 2024

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The unemployment that occurs as jobs are eliminated because of changing technology is known as

A) frictional.
B) voluntary.
C) structural.
D) fundamental.
E) cyclical.

Structural Unemployment

Occurs when there is a mismatch between the skills that workers in the economy can offer and the skills demanded by employers.

Changing Technology

Refers to the rapid evolution and adoption of new tools, processes, and methodologies in the technology sector, affecting businesses and societies.

  • Identify the effects of technological advancements and global integration on job opportunities.
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Isamar DavilaJul 26, 2024
Final Answer :
C
Explanation :
Structural unemployment occurs when there is a mismatch between the skills of workers and the requirements of available jobs. Technological advances can lead to a shift in the types of jobs available and can make certain types of jobs obsolete, leading to structural unemployment.