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11 September, 08:39

The government has decided to give governmental grants to community colleges that offer job training for individuals who have recently been laid off due to their outmoded skills. The government is trying to reduce the level of:

A. structural unemployment.

B. cyclical unemployment.

C. frictional unemployment.

D. real GDP. E. household consumption.

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  1. 11 September, 08:48
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    a. structural unemployment

    Explanation:

    Structural unemployment -

    It refers to the mismatch between the skill demand of the workers by employers and the skills which the worker can offer, is referred to as structural unemployment.

    It is one of the three categories of the unemployment.

    Hence, from the given information of the question,

    The correct option from the given options is structural unemployment.
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