s quit to find better jobs; when employers fire workers and look for better oner to replace thel; when consumers change the goods they buy, and so reduce jobs previously available to produce those goods they no longer want, but increasing jobs making products they do want; and when technological progress makes the skills of some workers obsolete. Frictional unemployment is costly for those who lose their jobs, but it benefits the economy because it can better match employees with employers and can shift output towards the goods which are now in demand.
Structural unemployment occurs if consumer demand changes (the goods consumers want changes) or technological advances make the skills of some workers obsolete. It h
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