Frictional unemployment is the result of
A) not enough jobs for everyone to be employed.
B) unemployed workers' skills not matching those needed for the available jobs.
C) a decline in the demand for labor, such as during a recession.
D) imperfect information and temporary periods of unemployment while workers are changing jobs.

Question

Quizplus · Accepted Answer

Frictional unemployment is caused by temporary periods of unemployment due to factors such as imperfect information and workers changing jobs. This type of unemployment is usually short-term and occurs when individuals are between jobs or searching for a better job.

Frictional Unemployment Is the Result of