Francine is a bright and talented woman.She recently quit her job at a major corporation because she and her boss didn't get along and she saw little chance for advancement.Francine has not yet found another job,but the economy appears healthy and lots of firms are hiring people with her qualifications.Thus,Francine is confident that she will find a job in the near future.Which of the following statements about Francine's current situation is most accurate? Francine is:

Question

Quizplus · Accepted Answer

Francine is currently experiencing frictional unemployment, which occurs when individuals are between jobs due to factors such as voluntarily leaving an old position or searching for a better opportunity. She is actively seeking employment and has a positive outlook on the job market, indicating that she will likely find a job soon. Seeking training in a different field may not necessarily expedite Francine's job search, as employers may be more interested in her current qualifications and experience. Francine cannot be considered not unemployed because she is actively seeking employment, despite voluntarily leaving her previous job. Cyclical unemployment refers to joblessness resulting from economic downturns, which does not appear to be the case for Francine.

Francine Is a Bright and Talented Woman