Unemployment resulting from industrial reorganization typically due to technological change rather t......

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General Studies (CHSL) Indian Economy Add to Study Deck

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand is called

Structural unemployment

Frictional unemployment

Seasonal unemployment

Cyclical unemployment

Explanation:

Structural unemployment is a form of involuntary unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers (also known as the skills gap). Structural unemployment is often brought about by technological changes that make the job skills of many workers obsolete.