Anoush used to work for an investment firm. Although she liked her job, she had to resign because it took her a lot of time to commute to work. After resigning, she searched for a job, and within a month, she found a better job that was closer to her home. In the given scenario, the duration of Anoush's unemployment exemplifies _____.
A) seasonal unemployment
B) structural unemployment
C) frictional unemployment
D) cyclical unemployment

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when individuals are temporarily unemployed while transitioning between jobs, as Anoush was after resigning and before finding a new job.

Anoush Used to Work for an Investment Firm