{
  "id": "structural-unemployment",
  "name": "Structural unemployment",
  "unit": "macro",
  "unitName": "Unit 3 · Macroeconomics",
  "topic": "Unemployment",
  "hl": false,
  "description": "Demand for labour falls in a declining industry. Workers who lack the skills (or mobility) to move into growing industries become structurally unemployed.",
  "keywords": [
    "structural unemployment",
    "declining industry",
    "occupational immobility",
    "geographical immobility",
    "skills mismatch",
    "labour market"
  ],
  "schemaUrl": "https://graphs.lectere.com/api/v1/templates/structural-unemployment",
  "previewUrl": "https://graphs.lectere.com/thumbs/structural-unemployment.svg",
  "editorUrl": "https://graphs.lectere.com/graph/structural-unemployment/",
  "params": [
    {
      "key": "view",
      "label": "Show",
      "default": "declining",
      "type": "enum",
      "options": [
        {
          "value": "declining",
          "label": "Declining industry only"
        },
        {
          "value": "both",
          "label": "Declining and growing industries"
        }
      ]
    },
    {
      "key": "sticky",
      "label": "Wages do not fall (show unemployment)",
      "default": true,
      "type": "boolean"
    },
    {
      "key": "shift",
      "label": "Fall in labour demand",
      "default": 1.8,
      "group": "Shape",
      "type": "number",
      "min": 0.8,
      "max": 2.6,
      "step": 0.1
    }
  ],
  "defaults": {
    "view": "declining",
    "sticky": true,
    "shift": 1.8
  },
  "panels": [
    {
      "id": "declining",
      "title": null,
      "xLabel": "Quantity of labour",
      "yLabel": "Real wage rate",
      "xRange": [
        0,
        10
      ],
      "yRange": [
        0,
        10
      ],
      "axisKeys": {
        "x": "declining:x",
        "y": "declining:y"
      }
    }
  ],
  "labels": [
    {
      "key": "declining:y",
      "default": "Real wage rate",
      "hint": "Vertical axis",
      "panel": "declining"
    },
    {
      "key": "declining:x",
      "default": "Quantity of labour",
      "hint": "Horizontal axis",
      "panel": "declining"
    },
    {
      "key": "declining.asl",
      "default": "AS_L",
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      "panel": "declining"
    },
    {
      "key": "declining.adl1",
      "default": "AD_{L1}",
      "hint": "Curve",
      "panel": "declining"
    },
    {
      "key": "declining.adl2",
      "default": "AD_{L2}",
      "hint": "Curve",
      "panel": "declining"
    },
    {
      "key": "declining.e1:y",
      "default": "W_1",
      "hint": "Vertical-axis value",
      "panel": "declining"
    },
    {
      "key": "declining.e1:x",
      "default": "Q_1",
      "hint": "Horizontal-axis value",
      "panel": "declining"
    },
    {
      "key": "declining.q2:x",
      "default": "Q_2",
      "hint": "Horizontal-axis value",
      "panel": "declining"
    },
    {
      "key": "declining.u",
      "default": "structural unemployment",
      "hint": "Arrow / line",
      "panel": "declining"
    }
  ],
  "elements": [
    {
      "key": "declining.asl",
      "kind": "curve",
      "label": "AS_L"
    },
    {
      "key": "declining.adl1",
      "kind": "curve",
      "label": "AD_{L1}"
    },
    {
      "key": "declining.adl2",
      "kind": "curve",
      "label": "AD_{L2}"
    },
    {
      "key": "declining.shift",
      "kind": "line"
    },
    {
      "key": "declining.e1",
      "kind": "point"
    },
    {
      "key": "declining.q2",
      "kind": "point"
    },
    {
      "key": "declining.u",
      "kind": "line",
      "label": "structural unemployment"
    }
  ],
  "stats": null,
  "example": {
    "template": "structural-unemployment",
    "params": {
      "view": "declining",
      "sticky": true,
      "shift": 1.8
    }
  }
}