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This printing press operator might face structural unemployment in the future.

What is structural unemployment?

When there is a discrepancy between the abilities that workers in the economy can supply and the skills that businesses need from employees, it results in structural unemployment, which is a type of involuntary unemployment (also known as the skills gap). When technology advancements render the job skills of many workers outdated, structural unemployment frequently results.

In addition to frictional unemployment and cyclical unemployment, economists differentiate three types of unemployment. One of these categories is structural unemployment.

Structural unemployment can take a while to resolve since it either necessitates relocation or retraining.

Economic reforms on a large scale might be extremely difficult. For instance, if a large company is the only employer in a particular industry for a particular city, when it closes, employees won't have any other employers to move to, and the community's education system and government will be overwhelmed with a large number of people who need job re-training all at once, possibly at the same time the regional economy fails to create new jobs due to reduced overall demand.

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the growth of the internet has caused newspaper circulation to fall. what type of unemployment might this printing press operator face in the future?