structural unemployment

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Also found in: Financial.
Related to Unemployment, Structural: Cyclical unemployment

structural unemployment

n
(Economics) economics unemployment resulting from changes in the structure of an industry as a result of changes in either technology or taste
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References in periodicals archive ?
Declining revenue, unserviceable levels of debts, significant long-term unemployment, structural and systemic budget deficits are defining characteristics of a financial crisis.
Nonetheless, it also says that long-term unemployment, structural unemployment and a lack of adequate skills to meet market needs are increasing in most member states.
Diamond, P 2013, 'Cyclical Unemployment, Structural Unemployment', Research Review, Vol.