Structural Labor Mobility

Structural labor mobility refers to the movement of workers between different jobs, industries, or regions due to changes in the economy. This type of mobility happens when demand for certain skills shifts, often because of technological advances, economic restructuring, or shifts in consumer preferences. For example, if manufacturing jobs decline while tech jobs grow, workers may need to retrain and relocate to find new employment. Structural labor mobility is essential for ensuring that the workforce adapts to economic changes and supports overall economic growth by matching skills with job opportunities.