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| Martin is an experienced and fully trained shipbuilder, based in a western European city. Due to significant economicchange in supply and demand conditions for shipbuilding in Martin’s own country, the shipyard he worked for hasclosed and he was made redundant. There was no other local demand for his skills within his own region and hewould have to move to another country to obtain a similar employment, and could only find similar work locallythrough undertaking at least a year’s retraining in a related engineering field. Which of the following describes the type of unemployment that Martin has been affected by? A.Structural unemployment B.Cyclical unemployment C.Frictional unemployment D.Marginal unemployment |