After spending several months searching for a job using his Basket Weaving degree, George realizes that there are not many available jobs for basket weavers. George decides to get new technical training to apply his basket weaving skills to integrated basket design using AutoCAD. During this time, George is likely experiencing:

• A. Structural unemployment
• B. Frictional unemployment
• C. Natural Unemployment
• D. Cyclical Unemployment

Answer: (A)

Verified step by step guidance

1. Understand the types of unemployment: Structural, Frictional, Natural, and Cyclical. Structural unemployment occurs when there is a mismatch between the skills workers have and the skills needed for available jobs. Frictional unemployment is temporary and occurs when people are between jobs. Natural unemployment is the sum of structural and frictional unemployment. Cyclical unemployment is related to the business cycle, occurring during economic downturns.
2. Identify the key details in the problem: George has a degree in Basket Weaving but finds few job opportunities in that field. He decides to get new technical training to adapt his skills.
3. Analyze George's situation: The lack of available jobs in his field suggests a mismatch between his current skills and the job market demands, which is characteristic of structural unemployment.
4. Consider the action George is taking: By seeking new technical training, George is attempting to acquire skills that are more in demand, which aligns with addressing structural unemployment.
5. Conclude that George is experiencing structural unemployment because his current skills do not match the available job opportunities, prompting him to seek additional training to improve his employability.