structural unemployment
noun
unemployment caused by basic changes in the overall economy, as in demographics, technology, or industrial organization.
Origin of structural unemployment
First recorded in 1960–65
Words nearby structural unemployment
structural isomer,
structural isomerism,
structural linguistics,
structural psychology,
structural steel,
structural unemployment,
structuralism,
structuralize,
structure,
structured,
structured programming
British Dictionary definitions for structural unemployment
structural unemployment
noun
economics
unemployment resulting from changes in the structure of an industry as a result of changes in either technology or taste
Cultural definitions for structural unemployment
structural unemployment
Relatively long-lasting unemployment resulting from long-term shifts in economies and markets rather than short-term savings in economic conditions.
notes for structural unemployment
Structural unemployment tends to develop around major changes in an economy, such as the move from an industrial to a technological economy. Workers displaced by the decline of the old economy tend not to be trained in fields suitable for the new economy, so they remain out of work.