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Hence they were structurally unemployed.
If the workers in that chunk are still cyclically rather than structurally unemployed, however, that chunk should be exerting a disinflationary impact on the economy.
The structurally unemployed also squeeze social-security budgets.Structural unemployment in advanced economies has been rising for decades, as jobs in industries like mining and manufacturing have withered.
It has bigger structural issues now, but not 9.5% unemployment's worth.**Do note that this would be higher but for large exits from the labour force, and it's probably safe to assume that the structurally unemployed are more likely than the cyclically unemployed to exit the labour force.
E. relocating and retraining structurally unemployed people.
Unable to compete effectively for jobs, they no longer help restrain pay demands: they have become "structurally" unemployed.
Similar(54)
are unemployed.
Currently unemployed.
"I'm also unemployed".
He is now unemployed.
He could be unemployed.
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