A plumber who quits his job in Indianapolis and moves to Orlando where additional plumbers are needed is said to be ___________________ unemployed

Question

Quizplus · Accepted Answer

Frictional unemployment refers to the temporary unemployment that arises as workers move between jobs or careers. In this case, the plumber voluntarily quit his job in Indianapolis and moved to Orlando in search of a new job opportunity. Therefore, he would be considered frictionally unemployed. Structural unemployment refers to the mismatch between the skills of workers and the requirements of available jobs, and cyclically unemployment refers to the unemployment that arises as a result of fluctuations in the business cycle. Underemployment refers to the situation where workers are employed but are not fully utilizing their skills or working at a level below their qualifications.

A Plumber Who Quits His Job in Indianapolis and Moves