Jamal lost his job last year as a shipbuilder His shipyard h

Jamal lost his job last year as a shipbuilder. His shipyard has not reopened, and he has not been able to find another job using his specialized skills. He can be described as

A) underemployed

B) structurally unemployed

C) frictionally unemployed

D) cyclically unemployed

Solution

Structural unemployment.

Structural unemployment means a person is unemployed because he cannot find a job matching his skills.

Cyclical unemployment means unemployment due to business cycles. Frictional unemployment means when a person is unemployed because he is changing jobs.

Jamal lost his job last year as a shipbuilder. His shipyard has not reopened, and he has not been able to find another job using his specialized skills. He can

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