Structural unemployment
What Structural unemployment means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Structural unemployment
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Reference: Pearson Edexcel
A form of unemployment resulting from both occupational and geographical immobility, which prevents the labour market from clearing.
A mismatch of skills due to long-term industrial decline, leaving workers with skills that no longer match available jobs.
Arises when domestic industries exposed to intense global competition are unable to compete with cheaper foreign imports.
Arises when workers with obsolete skills cannot find new roles as employment patterns alter.
Topics that use Structural unemployment
- Employment patterns (Pearson Edexcel A-Level)
- Employment and unemployment (Pearson Edexcel A-Level)
- Market failure in society (Pearson Edexcel A-Level)
- Trade and growth (Pearson Edexcel A-Level)
Related terms
- Resource allocation
- Comparative advantage
- Complementary labour
- Demerit goods
- Economic growth
- Economic sectors
- Economic vulnerability
- Foreign direct investment (FDI)
Using Structural unemployment in the exam
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