Unemployment that results when individuals who have voluntarily quite their jobs are seeking jobs is called

Question

Quizplus · Accepted Answer

Turnover unemployment is also known as frictional unemployment, which occurs when individuals who have voluntarily left their jobs are seeking new jobs. This type of unemployment is considered natural and normal in a healthy economy because it reflects the job search and matching process between workers and employers. The other options are not the correct descriptions of this type of unemployment.

Unemployment That Results When Individuals Who Have Voluntarily Quite Their