Structural unemployment takes a generation to work through because whole careers have to be rebuilt

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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 New drawings and a new parts supplier leave a fitter with ten years on the floor suddenly unqualified Regional mismatch: the jobs are in Shenzhen and the workers are in the northeast and moving costs more than the wage gap How long unemployment lasts for workers over 55 compared with workers in their twenties One career-long jobless spell versus a person who is out of work every second winter What extended unemployment benefits do to the length of a job search When an industry migrates the whole supply chain leaves and the workers left behind are not unskilled but stranded The line between structural and frictional unemployment: whether the missing skill can be learned in a few weeks Background checks and medical exams and onboarding paperwork can add a month of frictional unemployment on their own