Ron quit his job in retail management and moved to Florida with his wife, a physician who opened a new practice there. He was not successful in his job search for the next four months. Ron's unemployment is:

Question

Quizplus · Accepted Answer

Ron's unemployment is frictional since he left his previous job voluntarily and is actively searching for a new one, but has not yet found one after a short period of time. This type of unemployment is temporary and occurs due to individuals transitioning between jobs or re-entering the workforce.

Ron Quit His Job in Retail Management and Moved to Florida