Final answer:
Governments can deal with structural unemployment by funding retraining programs and educational initiatives to equip workers with in-demand skills, or by creating employment subsidies that encourage businesses to hire and train workers who lack experience.
Step-by-step explanation:
The student has asked about ways in which a government might be able to deal with structural unemployment. Structural unemployment occurs when there is a mismatch between the skills of job seekers and the requirements for available jobs, which can be due to technological changes, geographic factors, and changes in the economy.
One way to address structural unemployment is through retraining programs. Governments can fund educational initiatives and training programs to equip the unemployed with new skills that are in demand in the current job market. This is particularly important as technology evolves and changes the types of jobs that are available. Investing in continuous education and vocational training can minimize the risk of individuals becoming structurally unemployed.
Another approach is to create employment subsidies that incentivize businesses to hire workers who may not have the skills or experience for a position but are willing to learn. These subsidies can lower the risk for businesses and make it financially viable for them to invest in training new employees.