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People are unemployed because they do not have the skill sets required by employers.

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7y ago

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All of the following are causes of structural unemployment except .?

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What is frictional and structural unemployment?

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Globalization the development of new technology changes in consumer demand and the discovery of new resources are all causes of?

structural unemployment


Is there any differences between technological unemployment and structural unemployment?

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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Types of unemployment in Botswana are structural unemployment, cyclical unemployment, and frictional unemployment. Unemployment in Botswana is also divided into age and educational types.


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What type of unemployment is best studied within the long-run framework?

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Why isn't full unemployment the same as zero unemployment?

Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)


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