A train brakeman who is unemployed because his skills are no longer marketable due to automation is an example of ______.Multiple choice question.frictional unemploymentcyclical unemploymentstructural unemployment
Question
A train brakeman who is unemployed because his skills are no longer marketable due to automation is an example of ______.Multiple choice question.frictional unemploymentcyclical unemploymentstructural unemployment
Solution
The correct answer is structural unemployment. This type of unemployment occurs when there is a mismatch between the skills that workers in the economy can offer and the skills needed by employers. In this case, the train brakeman's skills are no longer needed due to automation, making this an example of structural unemployment.
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