Search results
- DictionaryStruc·tur·al un·em·ploy·ment/ˈstrək(t)SH(ə)rəl ˌənəmˈploimənt/
noun
- 1. unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
Powered by Oxford Languages
Structural unemployment is a category of unemployment caused by differences between the skills possessed by the unemployed population and the jobs available in the market. Structural unemployment is a long-lasting condition that is caused by fundamental changes in the economy.
Aug 7, 2019 · Definition: Structural unemployment is caused by a mismatch of skills between the unemployed and available jobs. Structural unemployed is caused by changes in the economy, such as deindustrialisation, which leaves some unemployed workers unable to find work in new industries with different skill requirements.
Apr 6, 2024 · Key Takeaways. Structural unemployment is a type of unemployment that can last for many years and can be caused by changes in technology or shifting demographics. Cyclical...
Aug 8, 2022 · Structural unemployment is a long-lasting type of unemployment where significant changes to an industry cause a job title or job field to become unnecessary. This occurs when employees have certain skill sets that might not translate to other positions or industries.
Aug 25, 2023 · Key Takeaways. Frictional unemployment involves people transitioning between jobs; it has nothing to do with the economic cycle and is voluntary. Structural unemployment is a direct...
Jan 1, 2018 · Structural Unemployment. Reference work entry. First Online: 01 January 2018. pp 13224–13228. Cite this reference work entry. C. Freeman. 102 Accesses. Abstract. Economists have generally distinguished between various types of unemployment, in terms of both their characteristic features and their underlying causal mechanisms.
Nov 18, 2020 · Structural unemployment is the unemployment that exists when wages do not adjust to equilibrium such that the number of job-seekers exceed the number of available jobs even in an economic boom.
