Which of the following correctly describes "frictional unemployment"?
A) Frictional unemployment is due mainly to job leavers.
B) Frictional unemployment is due mainly to job losers.
C) Frictional unemployment is a normal occurrence in a growing economy.
D) Frictional unemployment occurs mainly during recessions.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when individuals are between jobs or seeking new employment opportunities that better match their skills and preferences. It is considered a normal occurrence in a growing economy as people are constantly seeking new opportunities and employers are seeking new talent. It is not specifically tied to job leavers or losers, nor is it limited to recessionary periods.

Which of the Following Correctly Describes "Frictional Unemployment