structural unemployment Joblessness that results from the disappearance or contraction of old industries and the appearance of new ones. Related Related Articles: Where Have All of the Bank Robbers Gone?Where Have All the Milkmen Gone?Weekly Roundup: From Milkmen to MenusWeekly Roundup: From Lost Jobs to Fewer TipsA Tale of a New Shopper and an Old Brand Ann Mills Share This Previous Articlereal wage Next Articletime accounts December 17, 2020