Which form of unemployment is often linked to technological advancements requiring new skills?

Structural unemployment is associated with technological advancements because it occurs when there is a mismatch between the skills of the labor force and the skills needed for available jobs. As technology evolves, certain jobs may become obsolete while new jobs emerge that require different or more advanced skills. Individuals who find themselves without the necessary qualifications for these new roles are unable to find work, resulting in structural unemployment.

This form of unemployment highlights the need for continual education and skill development, as workers must adapt to change in the workplace driven by advancements in technology. In contrast to other types of unemployment, such as cyclical unemployment (which is related to the ups and downs of the economy), frictional unemployment (which occurs when people are temporarily out of work while transitioning between jobs), or long-term unemployment (which refers to those who have been unemployed for an extended period), structural unemployment specifically focuses on the essential skill gaps caused by changing industry demands.