jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. which terms…

jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. which terms can be used to describe jim? select two options. cyclically unemployed domestically unemployed frictionally unemployed structurally unemployed still employed unemployed

jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. which terms can be used to describe jim? select two options. cyclically unemployed domestically unemployed frictionally unemployed structurally unemployed still employed unemployed

Answer

Brief Explanations:

Structural unemployment occurs when there is a mismatch between the skills workers have and the skills demanded by employers, which is the case as Jim's skills are no - longer needed due to automation. Also, Jim has lost his job, so he is unemployed. Cyclical unemployment is related to business - cycle fluctuations, frictional unemployment is about the time it takes to find a new job between jobs, and "domestically unemployed" is not a standard economic term for this context.

Answer:

D. structurally unemployed F. unemployed