Which type of unemployment results mainly from a mismatch between workers' skills and available jobs?
Correct answer: A. Structural unemployment
- A. Structural unemployment
- B. Frictional unemployment
- C. Cyclical unemployment
- D. Seasonal unemployment
Explanation
Structural unemployment arises when the skills, location, or training of workers do not match available vacancies. Frictional unemployment reflects job searching, while cyclical unemployment follows changes in aggregate economic activity.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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