88.9k views
2 votes
a welder who quits his job and moves from pittsburgh to madison to try to get a better welding job is said to be: group of answer choices frictionally unemployed underemployed cyclically unemployed structurally unemployed

User Nachbar
by
8.0k points

1 Answer

3 votes

Final answer:

The welder who quits his job and moves to Madison to get a better welding job is experiencing structural unemployment. The correct answer is option: d) structurally unemployed.

Step-by-step explanation:

The type of unemployment scenario described in this question is structurally unemployed.

Structural unemployment occurs when a worker's skills and abilities no longer match the requirements of available jobs. In the case of the welder who quits his job in Pittsburgh and moves to Madison for a better welding job, he is experiencing structural unemployment because he is seeking a job with different job requirements and possibly in a different industry.

Key Factors of Structurally Unemployment:

  • Causes: Technological advancements, changes in consumer demand, shifts in the economy, or industry-specific factors.
  • Effects: Difficulty in finding similar jobs with comparable wages, limited options, and the need for retraining or acquiring new skills.
  • Examples: Factory workers losing jobs due to plant closures and movement to other countries.
User Dllewellyn
by
8.1k points