The largest source of unemployment consists of people who
A) enter or reenter the labor force to search for a job.
B) lose their jobs and search for another.
C) leave their jobs and search for another.
D) quit their jobs and do not search for a job.

Question

Quizplus · Accepted Answer

The largest source of unemployment consists of people who lose their jobs and search for another. This type of unemployment is called "frictional unemployment," which occurs when people lose their jobs due to various reasons such as termination, layoffs, or job elimination. This type of unemployment is generally short-term, and the individuals who are affected by it are actively searching for new jobs.

The Largest Source of Unemployment Consists of People Who