Hector voluntarily left his job to search for a job in accounting, the field in which he has his bachelor's degree. Hector is considered

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Hector is voluntarily searching for a new job in his field, which is a type of frictional unemployment where individuals are temporarily unemployed while searching for a new job. This is different from structural unemployment where individuals are unable to find a job due to a mismatch in skills or changes in the industry, or cyclical unemployment where individuals are unemployed due to a downturn in the business cycle. Hector is not considered to be unemployed since he left his job voluntarily.

Hector Voluntarily Left His Job to Search for a Job