Jim used to make a good living laying tile and wood flooring for a construction company that worked in the new-home construction market. After the housing market crash in 2008, Jim's company had to let go a number of workers. Though his skills were among the best at his company, eventually Jim became the victim of one of these layoffs. Now, at the age of 57, he is having a difficult time landing a job with a new company. What type of unemployment is Jim experiencing?
A. cyclical unemployment
B. frictional unemployment
C. conditional unemployment
D. structural unemployment
Answer: A
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