1.25 Structural unemployment
1] Arises during recessionary periods when aggregate demand and demand for labour are low.
[2] Is the inability of an economy due to structural imbalances to provide employment for the total labour force even at the peak of the business cycle?
[3] Is due to normal and expected changes in economic activity during the course of a single year.
[4] Arises because of the normal labour turnover that occurs in any dynamic economy and the time lags in the reemployment of labour.
[5] Occurs when there is an underutilisation of worker's skills.
Is the inability of an economy due to structural imbalances to provide employment for the total labour force even at the peak of the business cycle
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