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Structural Unemployment |
Also found in: Wikipedia, Hutchinson | 0.04 sec. |
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Structural Unemployment Unemployment resulting from changes in the basic composition of the economy. These changes simultaneously open new positions for trained workers. Notes: An example of structural unemployment is the technological revolution. Computers may have eliminated jobs, but they also opened up new positions for those who have the skills to operate the computers.How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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