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

Question

Quizplus · Accepted Answer

Frictional unemployment is a type of unemployment that occurs when workers are between jobs, looking for a new job, or are new to the job market. It is considered a normal occurrence in a growing economy as workers may be leaving one job to search for a better opportunity, or entering the workforce for the first time.

Which of the Following Correctly Describes ʺFrictional Unemploymentʺ