A worker who loses a job at a call center because the company moved the call center operations to another country is an example of Structural unemployment.
Structural unemployment is caused by a mismatch between the skills of the unemployed and the jobs available. Structural unemployment is caused by economic changes such as B. Deindustrialization. This means that some of the unemployed cannot find jobs in new sectors with different skill requirements.
Structural unemployment also occurs during periods of strong economic growth. This is a form of supply-side unemployment, not insufficient aggregate demand (AD). Measures to reduce structural unemployment include reskilling and geographic subsidies. Fiscal or monetary policies to promote Alzheimer's disease are ineffective in solving structural unemployment.
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