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Practice Reading: Fill in the Blanks (Dropdown)
ID: #45589
Cause of Unemployment
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One cause of unemployment may be downswings in the trade cycle, that is periods of recession. Another explanation of wide-scale unemployment refers to unemployment. Structural unemployment arises from longer-term changes in the economy, affecting industries, regions and occupations. Structural unemployment often explains regional unemployment. Some regions of the UK such as Central Scotland, and the North-West have higher rates of unemployment because the heavy industries which there have gone into decline as they are by cheaper imports from abroad. The new high-tech industries based on new technologies tend to be based in the South-East and along particular growth corridors.
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