Phrases with «structural unemployment»

Structural unemployment is a term used to describe a situation where people are unable to find jobs due to a mismatch between the skills they have and the skills required by available jobs. It occurs when there are changes in the economy, such as advancements in technology or shifts in industries, which make certain jobs obsolete or in lower demand. This type of unemployment tends to last longer as it takes time for workers to acquire new skills or for new industries to emerge. Full definition

Sentences with «structural unemployment»

  • Rather, a strategy for a controlled exit is needed, where government helps support existing workers while preventing a next generation of structural unemployment from emerging. (canadianbusiness.com)
  • Current government investment in automotive creates the conditions for future structural unemployment, creating a cycle of corporate dependency on government. (canadianbusiness.com)
  • The report on job openings is useful for analyzing structural unemployment. (oldprof.typepad.com)
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