when the number of jobs is insufficient for the number of workers ex: Charles recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he had been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training

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Business

Elisa Stafford

4 May, 00:00

when the number of jobs is insufficient for the number of workers ex: Charles recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he had been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training

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Adyson Ingram · Answer 1

Types of Unemployment: Structural.

Explanation:

Structural unemployment refers to a mismatch between the jobs available and the skill levels of the unemployed.