Economics · Unemployment
An economy is experiencing a high level of unemployment due to structural changes in industries. Many workers, particularly in traditional manufacturing sectors, lack the skills required by the new technology-driven industries. Which type of unemployment is most prevalent in this scenario?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Seasonal unemployment, caused by demand fluctuations in certain industries.
- 2Frictional unemployment, caused by temporary transitions between jobs.
- 3Cyclical unemployment, caused by economic downturns.
- 4Structural unemployment, caused by a mismatch of skills and job requirements.✓
Correct answer
Structural unemployment, caused by a mismatch of skills and job requirements.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Unemployment MCQs →Want more practice questions on Unemployment?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Unemployment