Superstore: Structural Unemployment for Travel Agencies

Structural unemployment occurs when the skills and trades are no longer in demand from the general population rather than market fluctuations. Adam’s girlfriend, Amy, quickly points out that his travel agency failed because people use the internet to book travel and no long need travel agents.

CNN Debate: Donald Trump Doesn’t Understand the BLS

During the CNN GOP Debate in March, Donald Trump incorrectly categorizes discouraged workers as being statistically part of the employment rate because they are no longer considered unemployed. This classic mistake forgets that there are a class of people in the country who are not in the labor force.

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