Question

A technology company needs 10 workers experienced in a newly developed programming language. Plenty of applicants express interest in the job; however, only three have the necessary education and experience to complete the work. The remaining unemployed individuals are an example of ___ unemployment.

Answer 1

structural unemployment because there is a mismatch between the good (qualified) workers looking for jobs and the vacancies available.

Answer 2

The correct answer is ''structural unemployment''.

Step-by-step explanation:

Structural unemployment is the name given, in the field of economics, to the term that refers to a type of involuntary unemployment whose main characteristics are in the mismatch between the skills that the workers offer and the qualifications that the employers are looking for, this last situation is known with the name of ''skills gap''. Moreover, this type of unemployment is usually related to the technology changes that make the workers with common skills more obsolte at the time of going to the labour market for job.