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structural unemployment

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8y ago
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6mo ago

This is an example of job displacement or offshoring. Job displacement occurs when a worker loses their job due to various reasons such as company closures, relocations, or technological advancements. Offshoring specifically involves the relocation of a company's operations to Another Country to take advantage of lower labor costs.

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Q: What is a knitting factory worker who loses her job because the company has relocated the plant to another country an example of?
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A knitting factory worker who loses her job because the company has relocated the plant to another country is an example of _____.?

structural unemployment


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