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If unemployment continues to be a long-term feature of a country, then it is called ___________ unemployment.
structural
casual
frictional
chronic
- Structural Unemployment (Option 1):
- Occurs when there is a mismatch between the skills of the workforce and the demands of the job market.
- Often long-term and linked to technological advances or shifts in the economy.
- Casual Unemployment (Option 2):
- Typically associated with temporary and irregular work.
- Workers fulfill jobs that do not require permanent employees.
- Frictional Unemployment (Option 3):
- Short-term and occurs when people are between jobs.
- A natural part of job search and career transition.
- Chronic Unemployment (Option 4):
- Long-term and persistent unemployment in an economy.
- Indicates systemic issues or structural challenges within a country.
Your option: Option 4 - Chronic Unemployment is when unemployment is a long-term feature in a country.
By: santosh ProfileResourcesReport error
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