The-definition.com

Definition

Structural unemployment

Structural unemployment is the people who remain unemployed for long periods of time, often with little hope of finding new jobs like their old ones.

Definition Two:

Structural unemployment means unemployment related to changes in the composition of industries that make up an economy. This results in workers whose skills and training have become obsolete and who have little chance of ever finding employment at comparable paying jobs.

 

Share it:  Cite

More from this Section

  • Supply curve
    Supply curve is the graph that shows the relationship between different prices and the ...
  • Democratic leadership
    Democratic leadership is the management approach whereby leaders delegate assignments, ...
  • Budget
    A budget is a formal written statement of management’s plans for a specified future ...
  • Budget deficit
    Budget deficit is the situation in which the government spends more than the amount of ...
  • Dumping
    Dumping are the selling products abroad at prices below production costs or below typical ...