The U. S. Bureau of Labor Statistics in a statement inform that, the number of adults considered "not in the labor force"-those people over age 18 who do not have jobs and are not looking for employment--has grown by about 4.4 million since June of 2000. Economists have termed this growth as "discouraged workers." Discouraged workers never looking for a job as they become so disappointed about the chance of finding a job. So these labor force is not counted as a part of the unemployment rate as calculated by the U.S Bureau of Labor Statistics.
If workers are displaced by a growing difference between workers skills and the necessities of the workplace, an economic recovery could be characterized by increased inflationary pressures. Economists term this issue of economic as "structural unemployment".
So if the economy is suffering from a greater difference of workers skills and job requirements an over supply of skill professional is needed to fulfill the meet.
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