Answer to Question #211983 in Macroeconomics for 1235

Question

difference between “Structural unemployment” and “cyclical (demand deficiency) unemployment”

Answer 1

Workers who have been unemployed for a long time as a result of structural changes in the economy and labor force are said to be experiencing structural unemployment while Cyclical unemployment, on the other hand, is caused by a recession or economic slump and is usually only transitory.