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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

How does structural unemployment differ from frictional unemployment?

To determine

The difference between structural and frictional unemployment.

Explanation

Structural unemployment occurs when the individuals lose their jobs due to structural changes in the job. The structural changes may change the nature of the job, and this would leave the individuals out of jobs. The frictional unemployment occurs when individuals quit their jobs in search of better ones, which match with their qualification...

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