Which of the following is a consequence of structural unemployment?

Prepare for the Leaving Certificate Microeconomics exam with our tailored quizzes. Enhance your understanding with multiple choice questions, each featuring detailed hints and explanations. Equip yourself for success on the exam!

Structural unemployment occurs primarily due to a mismatch between the skills of workers and the requirements of available jobs in the economy. This can be a result of technological changes, shifts in consumer demand, or other economic factors that create a gap between what workers can offer and what employers are seeking.

When workers are not qualified for the jobs available, it indicates that the economy has evolved in a way that certain skills have become obsolete while new skills are required. This highlights the nature of structural unemployment, which is fundamentally about this misalignment rather than temporary layoffs, job changes, or seasonal workforce adjustments. Thus, the correct response captures a core feature of structural unemployment, emphasizing the skill deficiencies that prevent individuals from securing employment in emerging sectors.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy