After being fired from a job,some people find that it may take several months to find a new job in the same line of work,even when the economy is not in a recession.This is an example of which of the following types of unemployment?
A)Structural unemployment.
B)Frictional unemployment.
C)Cyclical unemployment.
D)Seasonal unemployment.

Question

Quizplus · Accepted Answer

This is an example of frictional unemployment, which occurs when people are between jobs or entering the workforce for the first time. It is not caused by economic fluctuations, unlike cyclical unemployment. Structural unemployment is caused by a mismatch between the skills of workers and the requirements of available jobs, and seasonal unemployment is caused by predictable changes in demand for labor throughout the year.

After Being Fired from a Job,some People Find That It