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technological unemployment

Q: The use of labor saving machines often resulted in the layoff of workers this kind of unemployment is called?

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technological unemployment

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Structural unemployment is when in an economy labour do not have the required skills for the jobs available .
technological unemployment takes place due to changes in technology , technology increases productivity but less labour is required for it ,

which at macro level can lead to structural unemployment

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Not in the long term if you have a workforce educated in the newer technological advancements.

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technological unemployment

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Alexander Gourvitch has written:

'Survey of economic theory on technological change and employment' -- subject(s): Economics, Industries, Unemployed, Technological unemployment

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