Frictional unemployment
A) would be eliminated if the economy were more stable.
B) would be eliminated if the minimum wage were raised.
C) is the result of workers' skills not matching the jobs available.
D) is present even when labor markets are working well.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are temporarily between jobs or are searching for new jobs. It is a natural part of a healthy economy and exists even when labor markets are functioning efficiently.

Frictional Unemployment