Carlos is a fresh college graduate who is looking to find employment in advertising. He is currently interviewing with three firms but does not yet have an offer. Carlos will be counted in the category of _____ unemployment.

Question

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Frictional unemployment refers to the short-term unemployment of people who are changing jobs, entering the workforce, or transitioning from one job to another. Carlos is in the process of looking for a job in advertising after graduating, which is a typical example of frictional unemployment.

Carlos Is a Fresh College Graduate Who Is Looking to Find