Why has technology lowered frictional unemployment over time? I. Many people who used to be frictionally unemployed are now employed in the technology sector. II. The Internet has made it easier and faster for people to search for jobs that require their particular skill sets. III. The Internet has made posting jobs easier and faster for employers.

Question

Quizplus · Accepted Answer

The statement that "many people who used to be frictionally unemployed are now employed in the technology sector" is not necessarily true for every individual, and therefore statement I alone cannot be the sole reason for the decrease in frictional unemployment. However, both statement II and III are true and directly related to the use of technology, which makes job searching and posting faster and easier, thus reducing frictional unemployment. Therefore, the best choice is B, II and III only.

Why Has Technology Lowered Frictional Unemployment Over Time? I