Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,897,702,815 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Structural Unemployment

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Structural Unemployment
Unemployment that results from a change in the way the local or national economy functions. For example, suppose the economy in a region is heavily dependent on exploiting a single, natural resource. If that resource is entirely consumed, the trained and untrained workers working on exploiting it will find themselves subject to structural unemployment, since there are no other companies exploiting that natural resource because there is no more natural resource. On the plus side, these gaps in the economy can open up new opportunities. See also: Retraining.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
The issues of population growth and structural unemployment, are central to the Saudi growth story and we expect them to be of primary concern to policymakers over the medium-to-long term.
Morgan Stanley positive on Saudi Arabia economy by CPI Financial
Having so many people out of work has significant economic costs, ranging from lower private demand to a decline in potential growth if structural unemployment rises," he said.
IMF chief sees global recovery, urges exit strategies by AFP / AFP Global Edition
According to the study, this would be structural unemployment as these Saudis would not be qualified to do the jobs done by expatriates.
Kingdom will require over 10 million workers in 5 years by Saudi Economic Survey
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.