The unemployment that occurs due to changes in the technology or in the demand for particular products is called
- A. frictional unemployment
- B. structural unemployment ✓
- C. cyclical unemployment
- D. disguised unemployment
Correct Answer: B. structural unemployment
Explanation
Structural unemployment occurs when there is a mismatch between the skills workers possess and the skills required by jobs available, often caused by long-term changes in technology or market demand.
Related questions on Economics
- Which one among the following pairs of type of firm and feature is <strong>NOT</strong> correctly matched?
- Union Budget 2025 increased the Sectoral cap of FDI to 100 per cent from 74 per cent for:
- The practice of reducing the size of a product while maintaining its sticker price is called:
- Consider the following statements about Union Government's Expenditure on revenue account and effective capital expenditure: 1. Effective ca...
- Which one among the following statements about the Districts as Export Hubs (DEH) in India is <strong>NOT</strong> correct?