Questions about Structural unemployment

Short answers, pulled from the story.

What is structural unemployment according to the Federal Reserve Bank of New York Staff Report No. 566?

Structural unemployment is an involuntary condition caused by a mismatch between worker skills and employer demands as described in the 2013 report.

How does automation affect employment rates for U.S. workers based on the 2013 study by Carl Benedikt Frey and Michael Osborne?

Automation and industrial robots threaten nearly half of all U.S. jobs according to the 2013 study by Carl Benedikt Frey and Michael Osborne.

Why do manufacturing jobs move from Rust Belt cities to lower-cost areas in the South and rural regions?

Manufacturing jobs moved from Rust Belt cities to lower-cost areas in the South and rural regions over several decades due to globalization shifting positions to low-wage nations.

How long does structural unemployment last compared to frictional unemployment for any given individual?

Structural unemployment lasts longer than frictional unemployment for any given individual despite empirical difficulties separating them.

What percentage of the 9.5 percent unemployment rate resulted from skill mismatches according to Narayana Kocherlakota in 2010?

Narayana Kocherlakota stated in 2010 that up to 3 percent of the 9.5 percent unemployment rate resulted from skill mismatches.

How do governmentally imposed minimum wage laws contribute to structural unemployment?

Governmentally imposed minimum wage laws contribute to structural unemployment by exceeding marginal revenue product values which prevents employers from paying individuals what they are worth.