John Smith leaves his job in New York to go to California in hopes of finding a better one. If John Smith is unemployed while searching for a job in California, economists would consider him to be

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Frictional unemployment refers to the temporary unemployment experienced by individuals who are searching for a job or transitioning between jobs. In this scenario, John Smith has left his job in search of a better one, indicating that he is actively seeking employment. As such, he would be classified as frictionally unemployed. Structural unemployment occurs when there is a mismatch between an individual's skills and the requirements of available jobs, and cyclic unemployment refers to unemployment caused by fluctuations in the business cycle. Naturally unemployed is not a recognized term in economics.

John Smith Leaves His Job in New York to Go