In the context of labor market dynamics, which scenario best illustrates the concept of "structural unemployment"? a) A significant number of workers in the automotive industry lose their jobs due to automation and lack the skills required for available jobs in the technology sector. b) A temporary economic recession leads to widespread job losses across various industries. c) Seasonal workers in the tourism industry are unemployed during the off-season months. d) A company lays off employees due to a downturn in its business cycle, but plans to rehire them when the situation improves.

Canada has an employment insurance program (El) that provides income for those out of work. In this framework unemployment is a) still a problem because the employment insurance program provides only eligible unemployed persons with a small amount of funds that may not even be enough to cover their basic needs. Moreover the unemployed workers are sitting idle, not producing goods and services for consumption. b)not a problem because the employment insurance program is available to all workers in all occupations and provides sufficent funds to cover all of the worker's needs until they find another job. Moreoever there are enough goods and services available for consumption even if some workers sit idle. c)not a problem because the employment insurance program covers more than 70% of Canadian workers and this provides enough of the unemployed enough funds to cover their basic needs until they find another job. d)still a problem because the employment insurance program is not available…

Frictional unemployment is the Frictional unemployment is the a) unemployment that results when people become disheartened about their chances of finding a job and so stop looking for work. b) portion of unemployment that is due to the normal working of the labour market. c) portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries. d) unemployment that occurs during recessions.