Chapter . Can America's Jobless Fill American Jobs?

At the time of this video, the U.S. unemployment rate was about 9%. If the U.S. natural rate of unemployment is about 5%, then ______________ unemployment was about 4% at this time.

Consider the demand and supply for unskilled labor. The existence of unemployment among unskilled workers suggests that

Consider the demand and supply for skilled labor. Brandon Melton complained that, “We don’t have enough applicants at the middle-skill level and above,” and Drew Greenblatt said, ”We have a deficit of skilled workers.” The existence of shortages of skilled workers suggests that

At Marlin Steel in Baltimore, engineers design the baskets the company makes, but robots do most of the heavy lifting. The net loss of jobs at this plant would be considered _______ unemployment.

Mike Konczal argues that people are unemployed because the economy is weak, not because they don’t have relevant skills. He thinks the economy is suffering from ______ unemployment.

Owner Drew Greenblatt says he needs “…very nimble, very agile people. They have to be able to do, you know, welding one day and bending the next day, or, you know, setting up this robot this day, then setting up a different robot the next day.” The fact that he is not finding them suggests ____________ unemployment.

To fight structural unemployment, the government could