Matthias Chavez
The relationship between economic growth and structural unemployment is complex and multifaceted. Structural unemployment refers to the long-term mismatch between the skills and qualifications of workers and the requirements of available job opportunities within an economy. It occurs due to factors such as technological advancements, changes in industry composition, and shifts in consumer demand. Economic growth, on the other hand, refers to the increase in the overall production of goods and services within an economy over time. It is typically measured by indicators such as gross domestic product (GDP), employment rates, and productivity.