2023 · Q88
The unemployment that occurs due to changes in the technology or in the demand for particular products is called
General KnowledgeIndian Economy
- Africtional unemployment
- Bstructural unemployment
- Ccyclical unemployment
- Ddisguised unemployment
Explanation
Unemployment caused by technological change or shifts in demand for particular products — where workers' skills no longer match available jobs — is structural unemployment. Frictional unemployment is short-term job-switching, cyclical follows the business cycle, and disguised unemployment is surplus labour with zero marginal productivity.