Frictional unemployment is the result of
A)a persistent mismatch between the skills and characteristics of workers and the requirements of the jobs.
B)the search process of matching workers with jobs.
C)the ups and downs in inflation.
D)a slowdown in the economy.
E)the changing of the seasons.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are between jobs, either because they are searching for a new job or are transitioning from one job to another. This type of unemployment is a natural part of the job market, reflecting the time it takes for workers to find a job that matches their skills and preferences.

Frictional Unemployment Is the Result of