ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Structural unemployment is a form of involuntary unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers (also known as the skills gap).

Detailed explanation-2: -Detailed Solution. Due to a mismatch in skills of the unemployed & skills needed for the available jobs Structural unemployment occurs. Structural unemployment is basically a type of long-term unemployment caused by shifts in the economy.

Detailed explanation-3: -Structural unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer. Jobs are available, but there is a serious mismatch between what companies need and what workers can offer.

Detailed explanation-4: -Technological unemployment refers to the situation in which workers are put out of work by the introduction of superior technology in their area of operation.