3. Retraining Many people graduate with a bachelor's degree that doesn't open job doors. Acquiring a skill provides a way of getting a decent paycheque. But acquiring a skill isn't a one-time event: It is an ongoing process. A skill doesn't last for decades and retraining is required. Government-funded job training is a promising way to help individual workers, employers, and the country as a whole. Source: The New York Times, February 26, 2017 a) What is the main type of unemployment that retraining programs seek to avoid? Explain. (3 Marks) b) How might government-funded retraining influence the natural unemployment rate? Explain. (2 Marks)