Question

In: Economics

If advances in​ robotics, automation, and artificial intelligence lead to the elimination of​ jobs, and the...

If advances in​ robotics, automation, and artificial intelligence lead to the elimination of​ jobs, and the people who held those jobs need to learn new skills to find new​ jobs, those people would be considered

A.

frictionally unemployed.

B.

seasonally unemployed.

C.

structurally unemployed.

D.

cyclically unemployed.

Solutions

Expert Solution

If advances in​ robotics, automation, and artificial intelligence lead to the elimination of​ jobs, and the people who held those jobs need to learn new skills to find new​ jobs, those people would be considered structurally unemployed.

  • Whenever advances in technologies happen it leads to reduces demand of unskilled workers and existing workers also needs to learn that skill or they need to find new jobs. Some times wokers loss their job and they known as structurally unemployed.

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