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PRC-3 · Chapter 18 · Question 5 of 33

A massive shift towards digital media permanently closes down hundreds of traditional newspaper printing presses. The press operators cannot find new jobs because they lack the IT skills required by modern companies. This is an example of:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) Structural unemployment

Explanation

Structural unemployment occurs when there is a fundamental mismatch between the skills possessed by workers and the skills demanded by a changing, modernizing economy.

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

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