Catherine quit her job in order to look for a new one; therefore, she is best considered as
A) structurally unemployed.
B) frictionally unemployed.
C) cyclically unemployed.
D) seasonally unemployed.

Question

Quizplus · Accepted Answer

Catherine voluntarily left her job and is actively searching for a new one. This type of unemployment is known as frictional unemployment, which occurs when workers are in transition between jobs. Structural unemployment occurs when there is a mismatch between the skills of workers and the skills required for available jobs. Cyclical unemployment occurs during times of economic downturns, when businesses are cutting back on production and laying off workers. Seasonal unemployment occurs when workers are employed in jobs that are only available during certain times of the year, such as summer tourism jobs. None of these describe Catherine's situation as well as frictional unemployment.

Catherine Quit Her Job in Order to Look for a New