An individual with good job prospects who is between jobs is best considered as
A) cyclically unemployed.
B) frictionally unemployed.
C) not in the labor force.
D) structurally unemployed.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when a person is in between jobs due to personal reasons such as resigning, getting laid off, or searching for a better job opportunity. As the individual has good job prospects, it is likely that they will find employment soon, making them frictionally unemployed rather than structurally, cyclically, or not in the labor force.

An Individual with Good Job Prospects Who Is Between Jobs