Structural unemployment is characterized by the gaps between desired and available skills in the job market.
Option D
Explanation:
Structural unemployment happens when there are some technological changes or alterations in the industry. If the company drastically shifts from one process to the other they generally tend to deploy the workers who mismatch the required skills. The factors of structural unemployment from various perspectives are as follows,
Individual perspective:
- Inability to adapt the required technological skills.
Larger perspective:
- Productivity fluctuations.
