An Example of Structural Unemployment:
“Most of the jobs hard to fill are for skilled trades, Internet technology, engineers, sales representatives and machine operators.
Yet American colleges are producing fewer math and science graduates as students favor social sciences, whose workload is perceived to be manageable, leading to a skills mismatch.
Math, engineering, technology and computer science students accounted for about 11.1 percent of college graduates in 1980, according to government data. That share dropped to about 8.9 percent in 2009.”