Unemployment that arises because of introduction of new machines and equipment in production is called

The type of unemployment that arises because of the introduction of new machines and equipment in production is called structural unemployment. This type of unemployment occurs when there is a mismatch between the skills that workers have and the skills that are required by the new machines and equipment. As a result, some workers may become unemployed because they no longer have the necessary skills to perform the new jobs created by the introduction of these machines. For example, if a factory introduces new machinery that can automate certain tasks, workers who were previously responsible for performing those tasks may become unemployed because their skills are no longer needed. In summary, structural unemployment occurs when changes in technology or the economy create a mismatch between the skills of workers and the demands of employers.