New drawings and a new parts supplier leave a fitter with ten years on the floor suddenly unqualified

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Skills mismatch as a macro cause: what the education system produces has little to do with what employers list Structural unemployment is the hardest to treat because vacancies and workers sit in the same economy and never meet Orders shift to Vietnam over a weekend and the assembly line gets two weeks notice When an industry migrates the whole supply chain leaves and the workers left behind are not unskilled but stranded Regional mismatch: the jobs are in Shenzhen and the workers are in the northeast and moving costs more than the wage gap A firm moves its call centre to an outsourced provider and thirty local jobs vanish overnight A new automated sorting line cuts the warehouse night shift from twenty people to four The landlord doubles the rent at lease renewal and a shop closes taking the owner and two staff with it The developer runs out of cash and the site crew is paid off the same afternoon After the tutoring industry contracted where did the teachers who retrained actually end up