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Structural unemployment occurs when there is a mismatch between the skills possessed by workers and the requirements of available jobs in the economy.
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Technological Change: Advances in technology that can render certain skills obsolete and lead to structural unemployment.
Occupational Shifts: Changes in demand for different types of jobs due to shifts in the economy.
Retraining Programs: Initiatives aimed at helping workers acquire new skills to match the changing demands of the job market.