Chris is looking for work after school, but everywhere he fills out an application he is told that so have lots of others. Marco has an accounting degree. Several firms have made him offers, but he thinks he might be able to find a firm where his talents could be put to better use. Which category of unemployment do Chris and Marco belong to?
A) Chris and Marco are both frictionally unemployed.
B) Chris and Marco are both structurally unemployed.
C) Chris is frictionally unemployed, and Marco is structurally unemployed.
D) Chris is structurally unemployed, and Marco is frictionally unemployed.

Question

Quizplus · Accepted Answer

Chris is experiencing structural unemployment because he is unable to find work, possibly due to a lack of skills or jobs in his area. Marco is experiencing frictional unemployment because he is between jobs and looking for a better match for his skills.

Chris Is Looking for Work After School, but Everywhere He