When workers voluntarily quit a job or decline a job offer so they can search for a better one,the resulting unemployment is called
A) structural unemployment.
B) frictional unemployment.
C) cyclical unemployment.
D) underemployment.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers voluntarily leave their job or decline job offers in order to search for better employment opportunities. This type of unemployment is caused by the normal turnover in the labor market and the time it takes workers to find new jobs that match their skills and preferences. Structural unemployment, on the other hand, results from a mismatch between the skills or location of workers and the available jobs in the market, while cyclical unemployment is caused by the ups and downs of the business cycle. Underemployment refers to workers who are employed but are not fully utilizing their skills or working at their desired capacity or hours.

When Workers Voluntarily Quit a Job or Decline a Job