structural unemployment

Definition

A type of unemployment that is a direct result of economic changes, but yet at the same time, offers the possibility for new, different jobs opening up in other areas of the economy.

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There was a lot of structural unemployment going on and it made me pretty unhappy because things were different than they used to be.

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During the widespread recession in the year 2010, I was unfortunately laid off from my well paid factory position due to structural unemployment.

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In 2009 , President Obama recommended a solution for boosting the economy by starting a small business, going to school for a new or additional career that would improve structural unemployment.

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