The CA Hub

PRC-3 · Chapter 18 · Question 27 of 33

A massive shift towards digital media permanently bankrupts traditional newspaper presses. The press operators cannot find jobs because tech companies require programming skills they lack. This is:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) Structural unemployment

Explanation

Structural unemployment occurs when a fundamental industrial or technological change renders the existing skills of workers obsolete.

All 33 questions in Chapter 18Inflation and Unemployment MCQs with answers

More Inflation and Unemployment MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →