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Macroeconomics 5: Car Parts, Celery & The Labor Market

Planet Money Summer School

CHAPTER

What Is Structural Unemployment?

New technology has arrived that makes some kinds of workers more valuable and perhaps make others obsolete. And structural unemployment can just be really devastating to workers and to whole communities. So i think what we need to focus on undoing, is giving people like mattie, mat e a lot of soft skills.

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