Unemployment caused by the normal labor turnover is called __________unemployment.
A) part-time
B) cyclical
C) involuntary
D) frictional

Question

Quizplus · Accepted Answer

Frictional unemployment is the type of unemployment caused by the natural movement of people in and out of the labor force, which can be due to various reasons such as changing jobs, entering or leaving the labor force, or relocating. It is a temporary and short-term phenomenon and is considered a normal part of the economy.

Unemployment Caused by the Normal Labor Turnover Is Called __________Unemployment