Structural unemployment is most likely to result from:
Correct answer: A. A mismatch between workers' skills and available jobs
- A. A mismatch between workers' skills and available jobs
- B. A brief search period between two jobs
- C. A temporary decline during a business cycle
- D. Workers choosing longer annual vacations
Explanation
Structural unemployment occurs when changes in technology, industry or demand make existing skills less suitable for available jobs. Frictional unemployment arises during job searches, while cyclical unemployment follows weak economic activity.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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