“Structural Unemployment” is a term used to identify the mismatch between the skills that job seekers bring to the labor market versus the skill that employers demand.
Skill imbalances (shortages or surpluses of certain skills in the labor force) cause headaches for employers and job seekers alike, leaving many positions unfilled not because the available labor pool is unskilled, but because their skills do not match the job requirements.
Full Newsletter: http://www.ourfactsyourfuture.org/admin/uploadedPublications/2286_MCRN_Connections_Feb08_Web.pdf