Search unemployment is a type of
A) cyclical unemployment.
B) hidden unemployment.
C) frictional unemployment.
D) structural unemployment.

Question

Quizplus · Accepted Answer

Search unemployment is a type of frictional unemployment. Frictional unemployment occurs when workers are in transit between jobs or are searching for new jobs. In this case, individuals may be temporarily unemployed as they search for the right job for their skills and preferences. Search unemployment is a subcategory of frictional unemployment and specifically refers to situations where individuals are voluntarily unemployed because they are taking time to search for the ideal job.

Search Unemployment Is a Type of