If Trevon voluntarily quits one job, possesses marketable skills, and expects to find a new job in a few weeks, then Trevon is considered

Question

Quizplus · Accepted Answer

Frictional unemployment refers to the temporary unemployment experienced by people who are in between jobs. This type of unemployment is typically short-term and occurs when workers voluntarily leave their jobs or when they are transitioning from one job to another. Therefore, Trevon is considered frictionally unemployed because he voluntarily quit one job and is actively searching for a new one.

If Trevon Voluntarily Quits One Job, Possesses Marketable Skills, and Expects