The primary cause of frictional unemployment is
A) the low level of the current minimum wages.
B) the lack of and cost of acquiring information about available job opportunities.
C) a mismatch of the skills of unemployed workers with the skills needed for job openings.
D) discouraged workers who quit looking for a job after extended periods of unsuccessful job search.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are temporarily unemployed while transitioning between jobs or entering the workforce. It is primarily caused by the time and effort required to find new employment, which is influenced by the availability and cost of information about job opportunities.

The Primary Cause of Frictional Unemployment Is