Structural Unemployment Trailer

2013-07-31 00:00:00

In this amateur video a group of Texas students tackle the issue of technological structural unemployment. Young people are starting to learn about the impact that automation technologies are having and will have on future jobs.

Structural unemployment is a form of unemployment where, at a given wage, the quantity of labor supplied exceeds the quantity of labor demanded, because there is a fundamental mismatch between the number of people who want to work and the number of jobs that are available. The unemployed workers may lack the skills needed for the jobs, or they may not live in the part of the country or world where the jobs are available.[citation needed] Structural unemployment is one of the five major categories of unemployment distinguished by economists. Structural unemployment is generally considered to be one of the "permanent" types of unemployment, where improvement if possible, will only occur in the long run.





In this amateur video a group of Texas students tackle the issue of technological structural unemployment. Young people are starting to learn about the impact that automation technologies are having and will have on future jobs.

Structural unemployment is a form of unemployment where, at a given wage, the quantity of labor supplied exceeds the quantity of labor demanded, because there is a fundamental mismatch between the number of people who want to work and the number of jobs that are available. The unemployed workers may lack the skills needed for the jobs, or they may not live in the part of the country or world where the jobs are available.[citation needed] Structural unemployment is one of the five major categories of unemployment distinguished by economists. Structural unemployment is generally considered to be one of the "permanent" types of unemployment, where improvement if possible, will only occur in the long run.





http://www.youtube.com/watch?v=fYBFw7t3xrE