What is the difference between structural and seasonal unempolyment?

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What is the difference between structural and seasonal unempolyment?

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Donna 12 months 1 Answer 463 views Silver 0

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  1. 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. While, Seasonal unemployment occurs when people are unemployed at certain times of the year, because they work in industries where they are not needed all year round. Examples of industries where demand, production and employment are seasonal include tourism and leisure, farming, construction and retailing.

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