Francine is a bright and talented woman.She recently quit her job at a major corporation because she and her boss didn't get along and she saw little chance for advancement.Francine has not yet found another job,but the economy appears healthy and lots of firms are hiring people with her qualifications.Thus,Francine is confident that she will find a job in the near future.Which of the following statements about Francine's current situation is most accurate? Francine is:
A)not considered unemployed because she voluntarily quit her job.
B)an example of cyclical unemployment.
C)an example of frictional unemployment.
D)most likely to find employment quickly if she seeks training in a different field.

Question

Quizplus · Accepted Answer

Francine is an example of frictional unemployment, which occurs when workers are in between jobs or are searching for a better job. She voluntarily quit her job and is currently in the process of finding a new one, so she is not considered unemployed in the traditional sense. Additionally, there is no evidence to suggest that she is an example of cyclical unemployment, which is caused by general downturns in the economy. While training in a different field may be helpful for her career prospects, there is no evidence to suggest that this is the most likely solution.

Francine Is a Bright and Talented Woman