Question

-3.Posttest 13:Economic Challenges

- What is the difference between seasonal unemployment and structural unemployment?
Seasonal unemployment is generally among low-paid workers, while structural unemployment is among the highly paid.
Seasonal unemployment is rare in a modern society, while structural unemployment is not.
Seasonal unemployment occurs only in the summer, while structural unemployment can occur all year round.
Seasonal unemployment is due to changes in production schedules; structural unemployment is because people lack skills.

Answer 1

Seasonal unemployment occurs due to changes in production schedules, while structural unemployment is caused by a mismatch between workers' skills and employers' needs.

Step-by-step explanation:

Seasonal unemployment and structural unemployment are two different types of unemployment. Seasonal unemployment occurs when workers are unemployed due to changes in production schedules, such as in industries that are affected by seasonal demand, like tourism or agriculture. For example, agricultural workers may be unemployed during the off-season when there is less demand for their labor.

Structural unemployment, on the other hand, is caused by a mismatch between the skills that workers have and the skills that employers are seeking. It can occur when certain industries decline or when technological advancements render certain skills obsolete. For example, when a factory automates its production processes and replaces human workers with machines, the workers who lack the necessary technical skills may face structural unemployment.

Answer 2

Seasonal unemployment is due to changes in production schedules; structural unemployment is because people lack skills.

Step-by-step explanation:

Seasonal unemployment refers to the type of unemployment that takes place during specific seasons of the year when demand for certain types of work is falling. This form of unemployment is quite typical in the agricultural sector, where many peasants depend on the weather to produce a certain crop.

Structural unemployment is triggered when the abilities or skill sets of the workers do not meet the needs of the employers. For example, a dramatic drop in a specific commodity's demand will result in structural unemployment because, with that commodity's demand decreasing, it would take less labor to manufacture that commodity.