Question

which of the following is lasting unemployment that takes place when an industry changes in such a way that those jobs are entirely ended? a. seasonal unemployment b. structural unemployment c. frictional unemployment d. cyclical unemployment e. temporary unemployment

Explanation:

To determine the correct type of unemployment, we analyze each option:

• A. Seasonal unemployment: Occurs due to seasonal changes (e.g., tourism in winter), not industry collapse. Eliminate.
• B. Structural unemployment: Arises from long - term changes in the economy, such as technological advances or industry decline (jobs end entirely). This matches the description.
• C. Frictional unemployment: Temporary, due to job search/transition (e.g., moving between jobs), not industry - wide job loss. Eliminate.
• D. Cyclical unemployment: Tied to economic cycles (recessions), not permanent industry changes. Eliminate.
• E. Temporary unemployment: Implies a short - term situation, not permanent job loss from industry end. Eliminate.

Answer:

B. Structural unemployment